Businesses must invest in products and people in order to create new wealth.

From the world wars of Europe to the jungles of the Far East, from the deserts of the Middle East to the African continent, and even here in our own hemisphere, our veterans have made the world a better place and America the great country we are today.

President Roosevelt's leadership put the world on notice that the United States of America - with the freest, most dynamic economy the world had ever seen - was open for business.

One of the key things that we did at Bank of North Dakota that I worked to try to do with our state economic development is make sure we are customer-service oriented.

Since 2006, we have surpassed Alaska, Oklahoma, Louisiana, and California in oil production to become the second largest oil-producing state in the nation, trailing only Texas. In 2012, North Dakota produced more than 245 million barrels of oil and provided nearly 11 percent of all U.S. output.

If we're going to create the best business climate to create higher paying jobs and retain our young people, we're going to have to build a workforce prepared for the opportunities of the future.

The irony of environmental opposition to the Keystone XL project is that stopping the pipeline to the U.S. will not stop production in the oil sands of Canada. Instead of coming to the United States, the oil will still be produced and shipped by rail or a pipeline similar to the Keystone XL to Canada's Pacific Coast.