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Tuesday, July 21, 2020 | History

2 edition of Economic contribution of the petroleum industry to North Dakota found in the catalog.

Economic contribution of the petroleum industry to North Dakota

Dean A. Bangsund

Economic contribution of the petroleum industry to North Dakota

by Dean A. Bangsund

  • 382 Want to read
  • 16 Currently reading

Published by Dept. of Agribusiness and Applied Economics, Agricultural Experiment Station, North Dakota State University in Fargo, N.D .
Written in English

    Subjects:
  • Petroleum industry and trade -- North Dakota.,
  • Economic development -- North Dakota.

  • Edition Notes

    StatementDean A. Bangsund, F. Larry Leistritz.
    SeriesAgribusiness and applied economics report -- no. 599, Agribusiness & applied economics report -- no. 599.
    ContributionsLeistritz, F. Larry., North Dakota State University. Dept. of Agribusiness and Applied Economics., North Dakota Agricultural Experiment Station (Fargo)
    Classifications
    LC ClassificationsHD9567.N9 B36 2007
    The Physical Object
    Paginationiv, 59 p. :
    Number of Pages59
    ID Numbers
    Open LibraryOL22545745M
    LC Control Number2008412298

    Corpus ID: Economic and social impacts of rapid shale oil development in western North Dakota @inproceedings{FernandoEconomicAS, title={Economic and social impacts of rapid shale oil development in western North Dakota}, author={Wannakuwatte Mitiwaduge Felix .   This and other familiar observations about the North Dakota oil scene appear in a book called The Politics of Oil by Robert Engler, which was published in Some things never change.

      But oil isn't the only successful industry in North Dakota, as the state has kept itself afloat during this century's economic turmoil. In fact, the state — which, in , was ranked No. 1 in the country in job creation for the fifth-straight year — has flourished, according to RealClearPolitics.   But economic harm plays a role in this. And the economic harm to the state of North Dakota is.. In North Dakota alone, the oil industry provides more .

      A judge ordered the Dakota Access pipeline, the target of major protests in and , to stop operations for environmental review. The move is a .   The economic fallout of shuttered business and tarnished oil industry threaten MHA, the state A view of three oil wells and flaring of natural gas on .


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Economic contribution of the petroleum industry to North Dakota by Dean A. Bangsund Download PDF EPUB FB2

Downloadable. The purpose of this study was to estimate the economic contribution of crude oil and natural gas exploration, extraction, transportation, and processing in North Dakota in Primary data for the study came from three separate surveys of firms involved with various aspects of the petroleum industry.

Exploration, the process of finding mineral resources, was estimated to have. The purpose of this study was to estimate the economic contribution of crude oil and natural gas exploration, extraction, transportation, and processing in North Dakota in The purpose of this study was to estimate the economic contribution of crude oil and natural gas exploration, extraction, transportation, and processing in North Dakota in Primary data for the study came from three separate surveys of firms involved with various aspects of the petroleum industry.

Exploration, the process of finding mineral resources, was estimated to have direct impacts Cited by: Economic Contribution of the Petroleum Industry to North Dakota Dean A.

Bangsund and F. Larry Leistritz* Introduction North Dakota’s largest basic sector industries, which include agriculture, manufacturing, and energy, provide much of the economic stimuli for the state’s economy. A North Dakota study (Bangsund and Hodur, ) used an input-output model to estimate the contributions of the oil and gas industry in the state.

This study assumes that the amount of. Economic Contribution of the Petroleum Industry to North Dakota. These large industries are generally comprised of distinct sectors or economic groups. North Dakota’s energy industries can be conveniently separated into the activities that produce and distribute electricity, coal, and petroleum.

Economic Contribution of the Petroleum Industry to North Dakota Dean A. Bangsund* F. Larry Leistritz North Dakota’s largest basic sector industries, which include agriculture, manufacturing, and energy, provide much of the economic stimuli for the state’s economy.

These large industries are generally comprised of distinct sectors or. Economic Contribution to North Dakota in Sandstrom, North Dakota Petroleum Council, who assisted and shared responsibility for administering the surveys, collecting data, and soliciting industry cooperation in the study.

Several individuals were helpful at. CiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): North Dakota’s largest basic sector industries, which include agriculture, manufacturing, and energy, provide much of the economic stimuli for the state’s economy.

North Dakota’s energy industries can be conveniently separated into the activities that produce and distribute electricity, coal, and petroleum. Bangsund, Dean A. & Leistritz, F. Larry, "Petroleum Industry's Economic Contribution to North Dakota in ," Agribusiness & Applied Economics ReportNorth Dakota State University, Department of Agribusiness and Applied Economics.

BibTeX @TECHREPORT{Bangsund07economiccontribution, author = {Dean A. Bangsund and F. Larry Leistritz}, title = {Economic Contribution of the Petroleum Industry to North Dakota}, institution = {Department of Agribusiness and Applied Economics, North Dakota State University}, year = {}}.

The North Dakota oil boom refers to the period of rapidly expanding oil extraction from the Bakken formation in the state of North Dakota that lasted from the discovery of Parshall Oil Field inand peaked inbut with substantially less growth noted since due to a global decline in oil prices.

Despite the Great Recession, the oil boom resulted in enough jobs to provide North. Petroleum Industry's Economic Contribution to North Dakota in Dean A. Bangsund* F. Larry Leistritz. North Dakota's largest basic sector industries, which include agriculture, manufacturing, and energy, provide much of the economic stimuli for the state's economy.

North Dakota's energy industries can be conveniently. Petroleum Industry’s Economic Contribution to North Dakota in Dean A. Bangsund* F. Larry Leistritz North Dakota’s largest basic sector industries, which include agriculture, manufacturing, and energy, provide much of the economic stimuli for the state’s economy.

North Dakota’s energy industries can be conveniently. Economic Output in North Dakota from Oil & Gas Remains Strong Despite Down Year. Bismarck, N.D. – The petroleum industry’s economic contributions remained strong in despite struggling commodity prices, according to the preliminary findings of a Economic Effects of Petroleum Industrybeing conducted by the North Dakota State University’s Department of Agribusiness and.

PETROLEUM INDUSTRY’S ECONOMIC CONTRIBUTION TO NORTH DAKOTA IN Dean A. Bangsund and Nancy M. Hodur* INTRODUCTION North Dakota’s largest basic sector industries, which include agriculture, manufacturing, and energy, provide much of the economic.

Petroleum Industry’s Economic Contribution to North Dakota in Dean A. Bangsund F. Larry Leistritz Department of Agribusiness and Applied Economics Agricultural Experiment Station North Dakota State University Fargo, North Dakota Economic impact analysis can take many forms, but the studies generally attempt to measure how a policy, program, event or industry affects an economy.

In North Dakota, we used an economic contribution approach to measure the overall size of the petroleum industry in terms of economic output, jobs, tax revenues, and personal income. North Dakota is the second largest oil producing state in the U.S., after Texas.

The average well produces about 72 barrels of oil per day. North Dakota’s oil industry generates more than $12 billion of economic activity and suppo direct workers and more t indirect jobs across all sectors of the economy.

Petroleum Industry’s Economic Contribution to North Dakota in is the current update to a bi-annual analysis of how much the oil and gas industry contributes to the state’s economy.

You can find the report at the previous link or here. The research was conducted by Dean A. Bangsund and Nancy M. Hodur, profs at North Dakota State University. The petroleum business provides North Dakota with its largest pot of tax money.

The industry was forecast to generate $ billion from July 1 through J — 57% of all revenue.The economic impact of the oil and natural gas industry reaches all 50 states and the District of Columbia.

The total number of jobs directly or indirectly attributable to the oil and natural gas industry’s operations (i.e., not counting any capital investment impacts) ranged from a low of 13, (in District of Columbia) to million (in.

The economic impact of North Dakota’s oil and gas industry was down by about $9 billion inaccording to a study funded by the industry.