Daily News Article - April 11, 2013
1. List the following statistic questions as found in the article:
2. How does North Dakota rank in crude oil production?
3. Explain why the MDU/Calumet and other refineries are a necessity for North Dakota.
4. The refining industry is one of the most highly regulated in the country and has been struggling for years to maintain minimal profit margins. Why do refineries in North Dakota have a better chance of making a decent profit?
5. How will the location of North Dakota's refineries differ from all other previous refineries built in the U.S.?
CHALLENGE QUESTION: Dakota Oil Processing, a privately owned company, wants the state of North Dakota to back its loans to build a refinery. Why shouldn't the state do this from an economic standpoint?