Different Attitudes Toward Energy, Different Results

By August 4, 2010Economy, Energy

Bloomberg, “North Dakota Passes Oklahoma in Drilling Rigs as Baker Hughes Count Rises“: “North Dakota overtook Oklahoma this week as the third-most active state in drilling for oil and natural gas, according to data published by Baker Hughes Inc. The number of North Dakota rigs exploring for and producing oil and gas jumped by two to 128, Baker Hughes said.”

Job Service North Dakota, July 20, “North Dakota’s Unemployment Rate 4.1% for June“: “Job Service North Dakota (JSND) reported that labor statistics released today show North Dakota’s June not seasonally adjusted unemployment rate was 4.1 percent. The rate is 0.9 percentage points higher than May (3.2 percent), and 0.6 percentage points below the same period of prior year (4.7 percent).”

Job Service North Dakota, August 2, “Oilfield Jobs in North Dakota”: “Looking for work in the oil industry? lick on this article for an overview of the industry, wage information, frequently asked questions, and more.”

Bloomberg, August 3, “New York Weighs State Drilling Ban on Natural Gas From Shale“: “Aug. 3 (Bloomberg) — Companies led by Chesapeake Energy Corp. would be banned temporarily from drilling for natural gas in shale in New York under state legislation proposed because of disputes over environmental risks.”

New York State Department of Labor, July 15, Unemployment Rate Dropped to 8.2% in June, Lowest Since April ’09“: “New York State’s seasonally adjusted unemployment rate dropped from 8.3% in May to 8.2% in June 2010, the State Labor Department reported today. This was the state’s lowest unemployment rate since April 2009, when it was 8.1%. …New York State’s economy lost 8,500 private sector jobs (-0.1%) in June 2010, on a seasonally adjusted basis. This was the state’s second straight monthly decline in private sector jobs.”

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