BAKKEN OIL BUSINESS JOURNAL

BakkenJournal_Dec16Jan17

The BAKKEN OIL BUSINESS JOURNAL is a high-gloss, full-color magazine with a targeted distribution that gets our Advertisers in front of the RIGHT EYES in this industry. Direct mailed to Companies in the Bakken with bonus distribution at Energy Shows.

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Read online @ B A K K E N O I L B I Z . C O M / d i g i t a l - j o u r n a l 13 ➤ continued, pg 32 Contact: Steven M. Sottung, LEED ® AP Vice President, Director of Business Development STV Energy Services, Inc. (610) 385-8262 / steven.sottung@stvinc.com www.stvinc.com STV Energy Services, Inc. provides engineering, design, procurement, project management and construction management services to the natural gas, liquid petroleum, and pipeline transportation markets for projects from concept to completion. Strategically located in Denver and Bismarck, we deliver innovative solutions to meet our clients' needs. • Oil, gas and water processing and treatment facilities • Pipelines and gathering systems • Construction management • Commissioning/start-up • Storage and loading facilities • Control system programming & integration • Permitting – construction, air, natural resources • UL 508A-listed electrical and control panel fabrication shop • Metering/measurement services Efficiency Through Engineering & Design In addition to his 100-day action plans, the President-elect also wants Americans to know: "We're going to do all this while taking proper regard for ra- tional environmental concerns. We are going to conserve our beautiful natural habitats, reserves and resources. In the Trump Administration, political activists with extreme agen- das will no longer write the rules. Instead, we will work with conservationists whose only agenda is protecting nature." So far, Trump's plans have thrilled Wall Street. By extension, even Trump's most ardent foes are benefiting. Markets have risen, which means everyone is a little further ahead than they were before the election. However, markets are never a one- way street. There will be turmoil. There will be setbacks. But for now, at least, many in the country are feeling good. The good feelings amount to more than just a few anecdotes. The University of Michigan measures consumer confidence. Its recent survey found that November consumer confidence measured 85.2, up a whopping 8.4 points from the October level. That big jump indicates some intense feelings. More than optimistic. Almost euphoric. Hence, expectations for the Trump presidency are high, which implies that a fall would hurt a lot. Still, there are plenty of reasons to believe almost everyone in the US is likely to enjoy an increase in prosperity. Meanwhile, the anti-fossil fuel crowd is the group most likely to lose politi- cal ground. But only to the extent that their deepest hope and desire will go unmet—their desire to put an end to the fossil fuel industry. Obama supporters were emboldened by his near destruction of the coal industry. Cutting the use of coal by replacing it with natural gas wasn't enough to satisfy his constituents or the administration. Nothing less than the end of the industry would suffice. He went all out and campaigned against the coal industry, an industry that employed over 100,000 workers. NAFTA and the Trans Pacific Partnership Trump has come out against NAFTA and the Trans Pacific Partnership. Are the agreements wholly flawed? Many business leaders in the US have said they're not. However, with respect to NAFTA, it's probably a good time to renegotiate some of its terms. Notably, issues tied to NAFTA may arise with TransCanada's new application for the Keystone XL pipeline. To achieve the best possible outcomes, the Trump administration may have to learn the art of compromise. We shall see if that's possible. Obama Administration Setting a Course What public act revealed the leading concerns of the Obama Administra- tion? Probably the Beer Summit, which Obama organized in July, 2009. It occurred following a situation in which a white Cambridge, Massachusetts, policeman arrested a black Harvard professor after a neighbor called the police to report a burglary in progress. When it appeared to the neighbor

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