Oil prices and impact on North Dakota drilling

from A Closer Look with the Monitor · host Craig Blumenshine

The ongoing war in Iran has disrupted oil supply, pushed prices higher, and injected uncertainty into markets around the world.Here in North Dakota, those shifts are being felt, but not always in ways people might think.North Dakota Monitor reporter Jacob Orledge talks to Craig Blumenshine, producer and host of Prairie Public’s Main Street, about why the Bakken isn’t seeing a surge in new drilling, even as oil prices hover around $100 a barrel.

What this episode covers

The ongoing war in Iran has disrupted oil supply, pushed prices higher, and injected uncertainty into markets around the world. Here in North Dakota, those shifts are being felt, but not always in ways people might think. North Dakota Monitor reporter Jacob Orledge talks to Craig Blumenshine, producer and host of Prairie Public’s Main Street, about why the Bakken isn’t seeing a surge in new drilling, even as oil prices hover around $100 a barrel.

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Oil prices and impact on North Dakota drilling

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This episode was published on April 24, 2026.

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