U.S. Williston Basin tops 1 million barrels of oil per day

Oil Patch Dispatch ^ | November 16, 2013 | Amy Dalrymple

[jjotto]

Surprisingly small chance of tornadoes in ND. Probably less than any state in the South.

http://www.weather.com/outlook/weather-news/news/articles/what-where-is-tornado-alley-forbes_2011-04-14

[American Constitutionalist]

Doesn't the Federal government bring in in tax receipts each month about 45 Billion ?
Yeah, IF the Federal government was smart it would allow drilling for oil in all places and we could theoretically reduce the deficit in ? how long ?
Not good with math here.
10 years ? 15 years ?
Let's say the Federal government was raking in twice as much as it brings in now... and with lower taxes...
Instead of bringing in 45 Billion a month, imagine the Federal government bringing $ 100 Billion a month to pay down the debt and pay for all it's services.

[basil]

Nope—never even remember a tornado alert or warning.

Here in TX, we have them quite often.

[lonestar67]

Texas produces almost twice as much on a daily basis so you can almost double the revenue and stack it on top of the ND production.

That is a big reason that Texas’ fiscal surplus will grow from about 8 billion in 2012 to 20 billion in 2013.

None of this includes the sales of natural gas which are also massive and global in impact.

Palin’s drill baby drill could easily reverse the fiscal and economic course of the nation at every level.

We are discussing only the direct sale impacts of the oil without the ancillary effects of having 2-4% taken off the national unemployment rate within these states. The general drag on budgets is greatly reduced when people actually hold jobs.

If the dozen to 30 US states that could massively increase either oil or gas production were allowed and encouraged to do so the nation would enjoy a massive renaissance.

Natural gas so dramatically reduces the cost of electricity in the US that it now threatens to bring all manufacturing from Europe and much of it from China back home. Energy is just too cheap in America right now for manufacturers to continue production overseas.

Frankly, I am a little nervous Obama and the dems will get the credit for this inevitable boom. That is absolutely false but it is a risk.

[trebb]

Where do you live? We’re seeing 2.89 in the Twin Cities.

$2.95 - $3.00 in S. MS (Biloxi area).

[thackney]

Texas produces almost twice as much on a daily basis

Almost???

Texas produce more than twice, 2.67 million barrels per day.

Crude Oil Production (by state)
http://www.eia.gov/dnav/pet/pet_crd_crpdn_adc_mbblpd_m.htm