Thursday, May 17, 2012

Oil and North Dakota

An article in the Wall Street Journal yesterday really intrigued me. North Dakota passed Alaska to become the number 2 oil producing state.

I guess I thought that Alaska had been the number one state all along. Turns out that Texas is the number 1 oil producing state.

It all goes to show how much oil the shale in North Dakota is capable of producing. And there may be even more in Ohio.

Contrary to what we have been led to believe, the U.S. is beginning to increase oil production. Can we meet our needs? Probably not.

But it is an interesting thought.

As the Wall Street Journal reports: North Dakota is likely to hold onto the No. 2 spot, as Alaska's output has steadily declined over the past decade. Six years ago, Alaska produced about eight times more oil than North Dakota.

Wow--we can continue to pollute our planet and deplete its resources for a few more decades.

-- Bob Doan, Elkridge, MD
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