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Jan 12

Bakken Oil Scores First Victory Against OPEC

On  Tuesday,  oil production in North Dakota passed over 500,000 barrels a day! This mark puts them ahead of OPEC member Ecuador. This milestone shows what can happen with the right approach towards energy independence.

From The Street 

“Oil production in the state has increased anywhere from 8,000 to 40,000 barrels a day, every month since June,” Oil and Gas Division director Lynn Helms said in a release.

“This is big news for the state and the country. A half a million barrels a day represents about 10% of U.S. production. That’s enough oil to displace imports from Iraq or Columbia,” Helms said. 

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