Dalrymple Welcomes State Population Growth

Posted on 12/20/2012

Governor Jack Dalrymple today said he welcomes the latest U.S. Census Bureau estimates that show North Dakota's population is the fastest growing in the nation. North Dakota's population has grown by 14,888 residents in the last year.

"After years of population decline, it's good to see that our economic growth continues to keep North Dakotans home and that we are attracting new residents throughout the state who come for good jobs, a strong economy and our excellent quality of life," Dalrymple said.

The U.S. Census Bureau today released its 2012 national and state population estimates that show North Dakota's population has reached an all-time high of 699,629 residents. Last year, North Dakota's official 2011 population of 683,932 residents exceeded the state's previous record set in 1930.

North Dakota's population has grown during eight of the last nine years. The state's population has increased by 66,820 residents from a decade-low of 632, 809 reported in 2003, the U.S. Census Bureau reports. Due to the state's dynamic residential population change, members of the North Dakota Census Committee said today's estimates may be lower than the state's actual population growth.





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Where to go for growth and avoid pitfalls in 2013

Investors looking for clear ideas on where to invest in 2013 and beyond should keep in mind three important themes: that quantitative easing (QE), dubbed the greatest financial experiment in history, is ongoing and its results are not yet known; that income has become very expensive to extract from many assets, particularly bonds; and that some stockmarkets, especially China, have become historically cheap.

We will also need to keep an eye on the actions of politicians and policymakers this year. The global economic background remains challenging: experimental (or perhaps increasingly desperate) measures - from Washington and Tokyo to Brussels and London - will continue to be used to get credit flowing again, kick-start anaemic economic growth and shore up the eurozone.

Will inflation be benign or damagingly high? Will interest rate expectations start to rise in 2013? Can we look forward to normal, higher levels of economic growth or more years of austerity-driven weakness? Is the global financial system on firmer foundations or are the tough decisions still being kicked down the road?

We cannot be sure what effect all of the unconventional, experimental measures that are being adopted will have, but it's safe to assume that we won't know all the answers in 2013.

Money Observer's Wealth Creation Guide should not, therefore, simply be viewed as a compendium of tips for 2013 alone, but as an analysis of the current and potential future state of financial affairs and how you might want to factor some of the resulting investment ideas and themes into your own wealth creation, or preservation, strategy.

Certainly the most compelling theme for me is just how expensive income has become. Put another way, investors are not being adequately rewarded for the risks they are taking by investing in particular asset classes, chiefly bonds. The chart below shows the 20-year range of yields on various assets, with the yellow dots indicating where, worryingly for bond investors, they are now.

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Paul Krugman: 'Chinese Growth Is A Wonderful Human Success Story That Could Kill Us All'

Paul Krugman discussed China at the New York Times DealBook conference on Wednesday. Get Business Alerts:Sign Up Follow:  Climate Change,  Paul Krugman,  Video, China Economy, China Global Warming, Paul Krugman China, Paul Krugman China Climate Change, Paul Krugman China Global Warming, Paul Krugman Chinese Growth, Paul Krugman Climate Change, Paul Krugman Dealbook, Paul Krugman Dealbook Conference, Paul Krugman Global Warming China,Business News #news_entries #ad_sharebox_260x60 img

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Explosive Growth in Williston Continues

Williston just won’t stop growing!

In mid-February, we mentioned on the Summit Energy Services blog that Forbes had recognized the North Dakota town as the “6th Fastest Growing Small Town.”

We are happy to share with our readers that the impressive growth trend continues with a ton of exciting projects on the books moving forward, including a new retail center, restaurant, dollar store and recreation center.

Below are a few additional details on each of the aforementioned new additions to the Williston community, as well as links to find out more information on each of them. If you know of anything else exciting coming to Williston, please leave the details in the comment section.

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Details Finally Out on Sand Creek Towne Center

The first phase of the development is set to break ground in April and will be fully operational by Fall 2012. At this point the only confirmed businesses are Menards and a movie theater – Sand Creek Cinema 14. A press release from the commercial real estate company handling the sales and leasing for the retail space said additional phases will be completed in 2013.

For more information, visit HERE.

Elks Lodge to be Renovated, Become “The Williston”

The Elks Lodge is heading for a renovation that will turn the Elks Lodge into a boutique hotel, restaurant and bar by June 2012. The restaurant will be an upscale location that features steak and seafood.

According to the Williston Herald, owner Joel Lundeen said the hotel rooms will be 900 square feet each with full kitchens. They will offer a luxury-living that is not currently offered in Williston.

There will also be additional office space for lease in the building.

For more information, visit HERE.

Basin Dollar and More now Open

On February 15, Carol Finkbeiner held a grand opening for her new store – Basin Dollar and More. The store is and independent retail location with items priced from $1 – $3. The store currently features ballons, party supplies, kitchen and bathroom items, tools and cards. Within the next few months the store will carry food items.

For more information, visit HERE.

New Rec Center Approved

Recently the Williston Park Board approved plans for a new 205,491 square foot building that will be more than two times the size of the West River Community Center in Dickinson. The building will cost almost $67 million and will feature a 25,000 square foot waterpark, a 53-meter lap pool, a fitness center, gym space, indoor track and much more.

For more information, visit HERE.

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Job growth expected for petroleum engineers

by Stibbs & Co., P.C. on November 7, 2012

Houston oil and gas exploration firms are expected to offer more positions to petroleum engineers due to the expansion of the energy industry as a whole. Oil field services companies may need to hire more engineers to increase production from older wells and underground deposits. The Houston Chronicle reported that employment for petroleum engineers is expected to grow by at least 17 percent in the next eight years, based on the figures from the U.S. Bureau of Labor Statistics.

As some engineers are retiring or leaving their place of employment in order to start their own companies, there will be even more potential for younger generations of petroleum engineers to fill their role.

"The type of engineers has not changed," Rob Fulks, director of unconventional projects at Weatherford Engineering, told the news source. "The oil and gas industry still is in need of drilling, completion and production engineers. Graduates of petroleum engineering studies can choose an area in which to specialize. Shale oil and gas wells are completion intensive, with a majority of that budget now being spent on completion assemblies, hydraulic fracturing and other completion-related activities."

New discoveries in shale and the process of hydraulic fracturing have increased the demand for high skill oil field engineering services, according to the source. Since some shale wells have been around for as much as 15 years, it has become more imperative to develop new ways to increase production. This has companies looking toward petroleum engineers for potential solutions.

As more Houston-based exploration firms expand and hire more petroleum engineers, managers of these companies will need to work with Houston business attorneys who offer employer representation in case of any disputes. An energy law firm located in Spring, Texas is able to help with hiring and employment issues for any oil and gas exploration firm.

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