Wednesday,  May 1, 2013 • Vol. 14--No. 285 • 23 of 36 •  Other Editions

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bearing rock, which allows the oil to flow to the well.
• That technique, known has hydraulic fracturing or fracking, has elevated North Dakota from the ninth biggest oil-producing state just six years ago to second, trailing only Texas.
• In some states, it's been blamed for endangering water quality. North Dakota regulators say the state's water sources are protected by thousands of feet of geologic formations atop fracturing operations.
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Winter wheat prices down 1 cent from last month

• SIOUX FALLS, S.D. (AP) -- The April preliminary winter wheat price in South Dakota is down a penny from last month but up more than a dollar from a year ago.
• The U.S. Department of Agriculture reports that the price of $7.30 per bushel is down 1 cent from last month but up $1.13 from last April. The spring wheat price of $7.80 is 17 cents lower than last month and 33 cents lower than April.
• The April soybean price of $13.90 per bushel is 50 cents lower than last month but 20 cents higher than last year.
• Corn, at $6.45 per bushel, is down 59 cents from last month but up 38 cents from last year.
• Sunflowers at $24 per hundredweight are down 40 cents from last month and down $3.30 from last year.
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Judge dismisses lawsuit over upfront card fees

• SIOUX FALLS, S.D. (AP) -- A federal lawsuit that aimed to stop a watchdog agency from enforcing credit card rules limiting upfront fees has been dismissed.
• U.S. District Judge Karen Schreier on Tuesday dismissed the suit by First Premier Bank and Premier Bankcard against the U.S. Consumer Financial Protection Bureau and its director, Richard Cordray.
• A provision of the Credit Card Accountability and Responsibility and Disclosure Act of 2009 was to limit the amount companies could charge before issuing a new card to 25 percent of the card's credit limit.
• But both sides filed motions to dismiss after the bureau changed the proposed rules so they do not apply to fees paid prior to account opening.
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