Skip to comments.North Dakota Pumps 1 Million Barrels of Oil a Day
Posted on 06/17/2014 5:09:24 PM PDT by Citizen Zed
North Dakota has joined the ranks of the few places in the world that produce more than a million barrels of oil per day, due in large part to the rich Bakken shale formation in the western part of the state.
The April figures released Tuesday by the state's Department of Mineral Resources showed the record tally. North Dakota had flirted with the million-barrel-per-day mark for months, but the harsh winter slowed the pace. In March, production had hit 977,000 barrels per day.
North Dakota's oil fields now represent more than 12 percent of all U.S. oil production, and more than 1 percent of global production a situation unfathomable just a decade ago, when technology hadn't yet caught up to the challenge of extracting oil from the shale. Since then, the oil boom and the jobs it brings have transformed North Dakota, now home to the nation's fastest-growing cities and its lowest unemployment rate.
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Being as I am from North Dakota myself, I am happy about it, but I can not handle those long winters anymore, so I am not planning to go back anytime soon.
This has to stop immediately. Der Leader needs to halt this global warm act and imprison all involved criminals who are creating more global warming and pollution.
You know that is coming! Can’t have the U.S. Independent of the mooselim oil!
1 million barrels is 5% of u.s. oil consumption. The north slope in Alaska would be another 5%. So the question is: Would gas prices go below $4/gallon?