Did you ever think you would see this headline?
N.Dakota Oil Continues Exponential Growth and is on Pace to Become the No. 2 Oil State in January. That is a post from Mark Perry pointing out the dramatic growth in oil production from North Dakota sites.
Check out the graph to see the drastic expansion the last four years. In about 2008 oil production hit an inflection point. Here’s the basic shape of the graph: horizontal before 2008 and on roughly a 45° angle after that.
Continue reading “More oil drilled in North Dakota than California? Run that by me again.”