The group is carving out ways to secure, strengthen, and stimulate North Dakota’s energy future. North Dakota’s Department of Mineral Resources has established a Bakken Restart Task Force to help with a recovery for an industry struggling in the wake of low oil prices and a massive global supply glut. North Dakota’s oil and gas industry adds more than 72,000 jobs in the state and was expected to generate $4.9 billion in state revenue from July 1, 2020 through June 30, 2021, or 57% of all revenue collected by the state. Establishing this task force and its focus on the state’s energy future is critical in protecting these jobs and forging a smart path forward during an unparalleled time for its communities and energy economy, according to Lynn Helms, Director of the Department of Mineral Resources. “At this time, North Dakota has 6,800 wells shut-in – amounting to 450,000 […]