Governor Calls on States To Address Price Anomalies

North Dakota Gov. John Hoeven called on the states to help lead the effort in addressing regional price anomalies in the Rocky Mountain region that threaten to curtail domestic production and have caused significant state revenue losses.
The North Dakota governor, who is serving as IOGCC chairman,
cited improving communications, planning and policy making as key components of a comprehensive solution in a recently released IOGCC report “Rocky Mountain Region Crude Oil Market Dynamics.”
The report was the final product of a task force formed by former IOGCC Chairman Gov. Dave Freudenthal of Wyoming in May 2006 to investigate why oil prices per barrel were being sold at a lower rate than the same oil being produced in different parts of America.

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