• It’s long past time to end the ban on oil exports in the US, contend industry officials. Several speakers advocated support for the change during a gathering of some fifty Billings business people recently. The change needs to happen now, not in 2016, said Dave Galt, Executive Director of the Montana Petroleum Association.
    Read More
  • The start of construction of the Billings Bypass, which would connect Lockwood and the Heights across the Yellowstone River, faces delay, in large part because no federal transportation bill has been passed. Projected to begin construction in 2016, the start of the Bypass may not happen until 2019, according to Mike Tooley, Director of the Montana Department of Transportation. The
    Read More
  • “When people see our new showroom they will say ‘wow,’” says Dustin Bretz in describing the new facility that is being built for Bretz RV and Marine in Lockwood at 2999 Old Hardin Road.A new 36,000 square foot facility for showroom, service center, maintenance and administration offices, will be the center piece of a 44 acre expanse that will allow
    Read More
  • Despite declining crude oil prices, higher per well production activity increases operators’ ability to make money in those conditions as Dunn County, ND, with 11 rigs working now, leads all other counties with a breakeven price of $24 a barrel.The figures were compiled by the ND Dept. of Mineral Resources to show how oil prices would impact drilling in the
    Read More
  • Bakken energy processing developer Quantum Energy, Inc. (OTC PINK: QEGY), in conjunction with its joint venture partner, Native Son Refining, LLC, announced the filing of a minor source air quality construction permit application today with the North Dakota Health Department, Division of Air Quality.Quantum Energy is the company whose officials visited Billings over a year ago seeking other potential locations
    Read More
  • The purported gender gap in wages is real, according to economist Barbara Wagner of the Bureau of Business and Economic Research. Several factors contribute to the gap which in Montana means women are paid about 33 cents less per dollar than men. But, the reason for about 40 percent of that gap is not identifiable and leads to the conclusion
    Read More
  • Total taxable property value in Yellowstone County is eleven percent higher than last year.The Montana Department of Revenue notified Yellowstone County that the certified taxable valuation of property in the county is $345 million.
    Read More
  • The Billings Chamber of Commerce was designated as the top Chamber of Commerce in its category in the United States, according to the Association of Chamber of Commerce Executives (ACCE). The Chamber of the Year designation puts the Billings Chamber on the map as the best chamber among some 7000 comparable chambers nationwide.
    Read More
  • Employment in Montana’s manufacturing sector has grown at a faster rate than national manufacturing employment during a five year period between 2009 and 2014, according to the latest annual report from Montana State University’s Montana Manufacturing Extension Center.From the second quarter of 2009 to the third quarter of 2014, Montana manufacturing employment grew by 8.6 percent, while national manufacturing employment
    Read More
  • The annual Northern Livestock Video Summertime Classic Sale, at the Public Auction Yards in Billings on July 20-22, was the biggest sale ever – selling over 100,000 of cattle with receipts in excess of a $150 million.Prices were generally good, reported Bill Cook, General Manager for Northern Livestock, “It was very favorable for the market that we have had —
    Read More
  • The Annual Petroleum Industry Appreciation Day Luncheon will be held at the Crown Plaza Hotel, in Billings, on September 2 at noon. The event is part of the Montana Petroleum Associations Annual Conference which will begin at the Crown Plaza on September 1.Keynote Speaker will be Don Hrap, President, Lower 48, ConocoPhillips. The public is invited to the luncheon which
    Read More
  • First Interstate BancSystem, Inc.’s Board of Directors approved the appointment of Kevin P. Riley as President and CEO, effective September 23. Riley will replace President and CEO Edward Garding, who is retiring after 44 years with First Interstate BancSystem.
    Read More

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.

°F | °C
Mostly Cloudy
Humidity: 71%
7 mph
Partly Cloudy
37 | 50
2 | 10
Partly Cloudy
41 | 64
5 | 17

Market Update

1 DOW 16,472.37
+200.36 (1.23%)    
2 S&P 1,951.36
+27.54 (1.43%)    
3 NASDAQ 4,707.77
+80.69 (1.74%)    
4 MDU 17.74
+0.88 (5.22%)    
5 SWC 10.75
+0.34 (3.27%)    
6 EBMT 11.61
+0.18 (1.54%)    
7 FIBK 27.12
-0.62 (-2.24%)    
8 GBCI 26.03
-0.33 (-1.25%)