An article from NPR, Is U.S. Energy Independence Finally Within Reach?, explains the impact of all the new drilling could be making theU.S. energy independent soon.
The article says:
Energy self-sufficiency is now in sight,” says energy economist Phil Verleger. He believes that within a decade, the U.S. will no longer need to import crude oil and will be a natural gas exporter
Continue reading “U.S. energy independence on the horizon? Maybe soon.”
Here are a few stats on energy production in North Dakota from Mark Perry’s post, North Dakota Sets More Oil Productions Records in November; Above 500k Daily Barrels for First Time:
I will rearrange his comments. All of the following are quotes:
Let’s look at oil production in North Dakota:
…doubled from 246,000 barrels per day two years ago
Continue reading “Putting North Dakota oil production into perspective”
Mark Perry relays some of the discussion of North Dakota Sheriffs & Deputies Association about the impact of the oil boom in Western North Dakota: Bakken Oil is Having Major Impact on Western ND.
Professor Perry highlights 12 of the 35 issues discussed. Here are three amazing items: Continue reading “Growing pains in North Dakota – signs of boom times from the oil in the Bakken field”
(Cross-post from my other blog, Nonprofit Update)
For quite a while now I’ve been fascinated by the rapid increase in oil production in the Bakken field in North Dakota.
Have had a lot of posts on my blog Outrun Change. Under 1% unemployment in one county. Production graphs that are going vertical. More oil produced in ND than California. That kind of stuff.
This month my interest level took off like those oil production charts.
Continue reading “Why my interest in the Bakken oil field is increasing”
The Bakken field is producing tremendous amounts of energy. Mark Perry at Carpe Diem pointed out a cool visual on the rapid increase in production in the northwest corner of North Dakota.
Check out this link at Today In Energy for a quarterly visual on production from 1995 through 2010.
Continue reading “Visual of the radical increase in oil and gas production in the North Dakota Bakken field”