• One of the things that has made me question the claims of global warming is that all of the future predictions from the “experts” regarding its consequences all are dire. I know that that is just never the case. There will always be benefits as well as costs to change, in nature and otherwise. In fact, the age of enlightenment
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  • Billings has been ranked as the third best city in the nation in which to retire by Kiplinger.com. Amazingly, Kiplinger.com ranks the state of Montana as sixth in the “10 Worst States for Taxes on Retirees.”With the city of Naples, Florida ranked at the top, Billings is lauded for its outdoor amenities, health care and no sales tax, while chided
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  • Chris Jessup was recently named manager at the ExxonMobil Billings refinery. He replaces Monica Mainland, who will be transferring to Illinois, where she will become the manager at the ExxonMobil Joliet refinery.
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  • American Exceptionalism.It’s not about politics.It’s not about nationalism.It’s really not even about America.
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  • The Montana Company, Tracer Technology Systems has announced the debut of their product line of Shot Tracer, a Gunshot Detection Sensor system. Investment is offered to the Montana public through the new Montana Crowd Funding Program.
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  • The first time he ever saw a Segway was at Disneyland 16 years ago.“I never thought much about it,” said Spencer Stone. But a few years ago he went on a tour, riding a Segway in San Antonio, “and I just fell in love with it,” Stone continues, about a relatively new mode of transportation that is the object of
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  • Spurred by the success of Halliburton on four Williston Basin test wells, operators are expected to jump on refracing this summer with average costs pegged at $1.5 million a well.“Refracing has gained new life with a whole different aspect,” said Lynn Helms, director of the ND Dept. of Mineral Resources. “Operators will have to make sure that wells alongside (wells
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  • Last week, the Small Business & Entrepreneurship Council (SBE Council) published the “Small Business Tax Index 2016: Best to Worst State Tax Systems for Entrepreneurship and Small Business.” The 6th annual study ranks the 50 states according to the costs of their tax systems for entrepreneurship and small business.
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  • MDU Resources Group, Inc. announced last week that its subsidiary, WBI Energy, Inc., has sold Dakota Prairie Refining LLC to Tesoro Refining & Marketing Company LLC, an affiliate of Tesoro Corporation.WBI Energy had been equal partners in building and operating the refinery with Calumet North Dakota LLC, a subsidiary of Calumet Specialty Products Partners LP. To effect the sale of
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  • What’s to happen to the vacant former federal courthouse – the old Battin Building — in downtown Billings? Are there future options for the downtown Billings post office building other than being a post office? Is it possible to extend the lending services of Big Sky Economic Development?These are among some of the issues discussed during the meeting of the
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  • Is a new power plant fired by natural gas in Northwestern Energy’s future in Montana?A very preliminary plan, which the utility is required to develop every two years, projects a natural gas fired plant, producing up to 250 megawatts, as a possible solution to fulfilling the company’s energy needs. The 2015 Electricity Supply Resource Procurement Plan, which was submitted in
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  • Montana has an estimated 508 middle market companies ($10 million-$1 billion in annual revenues), which make up .62% of all firms in the state according to the latest Middle Market Power Index from American Express and Dun & Bradstreet.
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The Montana Land Board holdings generated almost $120 million for Montana public schools over the past year.

The Board manages more than 5 million acres of land, and a slightly larger area in mineral rights. The board is run by the five statewide elected officials, including the governor, attorney general, state superintendent of schools, state treasurer and secretary.

 

The land is held in trust to fund schools in the state. Annual revenues have increased from about $80 million in 2004.

The Department of Natural Resources and Conservation said the holdings are now worth roughly $2.6 billion. It said the value of its agricultural land has been increasing in recent years.

About 8 percent of state school budgets come from the land trust.

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