Jun 17, 2014 at 1:47 pm
Another milestone for North Dakota’s oil sector – one million barrels of oil a day. The North Dakota Department of Mineral Resoruces says the state exceeded that level of production in April. The U-S Energy Information Administration reports that in 2013 the U-S produced 84-percent of its energy needs domestically. The last time energy production exceeded demand was in the 1950’s. In 2000 North Dakota produced less than 100-thousand barrels of oil per day.
Mineral Resource Director Lynn Helms says crude capacity is expected to remain adequate as long as rail deliveries to coastal refineries keep growing.
There were ten-thousand-658 producing wells during the month – also a new all-time high.
KNOX / Doug Barrett