That is the forecast by Bentek Energy LLC. I’ve been pointing out forecasts for Bakken production and this is the longest forecast I’ve seen.
The Dickinson Press picks up the AP report in their article Study: ND oil output may jump threefold by 2025. The opening paragraph:
A new study says North Dakota’s oil production could jump more than threefold by 2025 to more than 2 million barrels a day.
At Carpe Diem, Mark Perry points out that if the production triples….
…that would be more than enough domestic oil to completely offset current daily U.S. imports of 1.86 million barrels from all of the Persian Gulf countries combined!
(h/t: Carpe Diem)