Between the additional oil produced and the improvements we made to the 45Q tax credit, this is a real opportunity for private industry to leverage new revenue streams while helping to prove the viability of EOR, which can both double oil recovery in the Bakken and double the life of our coal-fired power plants.
Highlighting opportunities for private industry in oil recovery.
Share
More from John Hoeven
By combining the capabilities of unmanned aircraft with unmanned ground vehicles, we can meet the logistical and security needs of our military and accelerate our leadership in autonomy, with missions from the ground all the way up into…
LIHEAP provides important assistance to families across North Dakota during cold winter months," said Hoeven. "These funds will help ensure low-income households are able to keep their homes warm and safe.
Small drones have changed warfare, a fact we’ve seen clearly in Ukraine, the Middle East and even over our own military bases.
Between Project ATLAS, which we announced yesterday, and the MOU signed today, it is clear to anyone who wants to develop drone and counter-drone technology, North Dakota is the place to be.
Other voices in this conversation
