• Education
    • Higher Education
    • Scholarships & Grants
    • Online Learning
    • School Reforms
    • Research & Innovation
  • Lifestyle
    • Travel
    • Food & Drink
    • Fashion & Beauty
    • Home & Living
    • Relationships & Family
  • Technology & Startups
    • Software & Apps
    • Startup Success Stories
    • Startups & Innovations
    • Tech Regulations
    • Venture Capital
    • Artificial Intelligence
    • Cybersecurity
    • Emerging Technologies
    • Gadgets & Devices
    • Industry Analysis
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy
Today Headline
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
Today Headline
No Result
View All Result
Home Technology & Startups

North Dakota oil regulator expects lower oil prices this year amid Trump tariff uncertainty

March 21, 2025
in Technology & Startups
Reading Time: 2 mins read
A A
0
3
SHARES
6
VIEWS
Share on FacebookShare on Twitter


By Georgina McCartney

HOUSTON (Reuters) – Oil prices will likely slip this year, the director of North Dakota’s state oil regulator predicted, amid uncertainty surrounding U.S. President Donald Trump’s tariffs on neighboring Canada and Mexico.

North Dakota is the third-largest oil producing state in the U.S.

U.S. crude futures have been trading below $70 a barrel for the last three weeks, according to data from LSEG, with investor sentiment partly quashed by uncertainty around potential trade tariffs.

“I expect a softer oil price environment than in 2024,” said Nathan Anderson, director of the North Dakota Department Of Mineral Resources.

“I think the Trump administration is doing things with tariffs and sanctions, and there’s a lot of movement occurring right now so I’m not surprised by the lower oil price,” he added.

“I expect if the price dips low enough the federal government might consider increasing input into the Strategic Petroleum Reserve, and that would probably set the floor for oil prices,” Anderson said.

In 2022, then President Joe Biden’s administration announced a sale of 180 million barrels of oil, the largest ever SPR sale, in an attempt to lower gasoline prices after Russia invaded Ukraine.

Meanwhile, there are currently 12 active frac crews in North Dakota, steady on the month, according to the state regulator.

Oil production in the state fell 20,000 barrels per day (bpd) to 1.172 million bpd in January, monthly data from the state Industrial Commission showed.

“We attribute that to a cold spell in January, and then I would expect February, due to its very cold temperatures, to have similar results,” said Anderson.

The rig count and completion activity in 2025 so far has been steady.

Meanwhile, Bakken oil delivered at Clearbrook, Minnesota, was pricing at an 80 cent per barrel discount to West Texas Intermediate on Friday, the state regulator said.

(Reporting by Georgina McCartney in Houston, editing by Deepa Babington)

Tags: Donald TrumpNathan AndersonNorth DakotaOil pricestrade tariffs
Previous Post

Menendez brothers’ family accuses DA of ‘personal bias’ in bid for release – National

Next Post

GM and Hyundai in talks over electric van partnership – report

Related Posts

Nvidia has lost its shock power to investors, for now

May 25, 2025
4

Tesla is going all in to finish first in the robotaxi race

May 25, 2025
4
Next Post
GM and Hyundai in talks over electric van partnership – report

GM and Hyundai in talks over electric van partnership – report

  • Trending
  • Comments
  • Latest
Family calls for change after B.C. nurse dies by suicide after attacks on the job

Family calls for change after B.C. nurse dies by suicide after attacks on the job

April 2, 2025
Pioneering 3D printing project shares successes

Product reduces TPH levels to non-hazardous status

November 27, 2024

Hospital Mergers Fail to Deliver Better Care or Lower Costs, Study Finds todayheadline

December 31, 2024

Police ID man who died after Corso Italia fight

December 23, 2024
Harris tells supporters 'never give up' and urges peaceful transfer of power

Harris tells supporters ‘never give up’ and urges peaceful transfer of power

0
Des Moines Man Accused Of Shooting Ex-Girlfriend's Mother

Des Moines Man Accused Of Shooting Ex-Girlfriend’s Mother

0

Trump ‘looks forward’ to White House meeting with Biden

0
Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

0
Expected date for most Islamic countries

Expected date for most Islamic countries

May 25, 2025
How Xabi Alonso made his rapid rise from rookie coach to Real Madrid

How Xabi Alonso made his rapid rise from rookie coach to Real Madrid

May 25, 2025
Waffle House solves huge problem for Tesla, EV makers

Waffle House solves huge problem for Tesla, EV makers todayheadline

May 25, 2025
Rival marches draw thousands in Warsaw ahead of presidential vote

Rival marches draw thousands in Warsaw ahead of presidential vote todayheadline

May 25, 2025

Recent News

Expected date for most Islamic countries

Expected date for most Islamic countries

May 25, 2025
3
How Xabi Alonso made his rapid rise from rookie coach to Real Madrid

How Xabi Alonso made his rapid rise from rookie coach to Real Madrid

May 25, 2025
2
Waffle House solves huge problem for Tesla, EV makers

Waffle House solves huge problem for Tesla, EV makers todayheadline

May 25, 2025
6
Rival marches draw thousands in Warsaw ahead of presidential vote

Rival marches draw thousands in Warsaw ahead of presidential vote todayheadline

May 25, 2025
3

TodayHeadline is a dynamic news website dedicated to delivering up-to-date and comprehensive news coverage from around the globe.

Follow Us

Browse by Category

  • Africa
  • Asia
  • Basketball
  • Business & Finance
  • Climate Change
  • Crime & Justice
  • Cybersecurity
  • Economic Policies
  • Elections
  • Entertainment
  • Entrepreneurship
  • Environmental Policies
  • Europe
  • Football
  • Gadgets & Devices
  • Health
  • Medical Research
  • Mental Health
  • Middle East
  • Motorsport
  • Olympics
  • Politics
  • Public Health
  • Relationships & Family
  • Science & Environment
  • Software & Apps
  • Space Exploration
  • Sports
  • Stock Market
  • Technology & Startups
  • Tennis
  • Travel
  • Uncategorized
  • Us & Canada
  • Wildlife & Conservation
  • World News

Recent News

Energy Star on the chopping block; better access to mental health care needed: CBC's Marketplace cheat sheet

Energy Star on the chopping block; better access to mental health care needed: CBC’s Marketplace cheat sheet

May 25, 2025
Expected date for most Islamic countries

Expected date for most Islamic countries

May 25, 2025
  • Education
  • Lifestyle
  • Technology & Startups
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy

© 2024 Todayheadline.co

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business & Finance
  • Corporate News
  • Economic Policies
  • Entrepreneurship
  • Market Trends
  • Crime & Justice
  • Court Cases
  • Criminal Investigations
  • Cybercrime
  • Legal Reforms
  • Policing
  • Education
  • Higher Education
  • Online Learning
  • Entertainment
  • Awards & Festivals
  • Celebrity News
  • Movies
  • Music
  • Health
  • Fitness & Nutrition
  • Medical Breakthroughs
  • Mental Health
  • Pandemic Updates
  • Lifestyle
  • Fashion & Beauty
  • Food & Drink
  • Home & Living
  • Politics
  • Elections
  • Government Policies
  • International Relations
  • Legislative News
  • Political Parties
  • Africa
  • Asia
  • Europe
  • Middle East
  • Artificial Intelligence
  • Cybersecurity
  • Emerging Technologies
  • Gadgets & Devices
  • Industry Analysis
  • Basketball
  • Football
  • Motorsport
  • Olympics
  • Climate Change
  • Environmental Policies
  • Medical Research
  • Science & Environment
  • Space Exploration
  • Wildlife & Conservation
  • Sports
  • Tennis
  • Technology & Startups
  • Software & Apps
  • Startup Success Stories
  • Startups & Innovations
  • Tech Regulations
  • Venture Capital
  • Uncategorized
  • World News
  • Us & Canada
  • Public Health
  • Relationships & Family
  • Travel
  • Research & Innovation
  • Scholarships & Grants
  • School Reforms
  • Stock Market
  • TV & Streaming
  • Advertise with Us
  • Privacy & Policy
  • About us
  • Contact

© 2024 Todayheadline.co