>> At more than 700,000 barrels per day (bpd), North Dakota is now producing almost as much oil as the countries of Egypt (719,000 bpd) and Argentina (723,000 bpd). At the current rate of production increases, it’s possible that North Dakota will be producing more than one million bpd of oil by the middle of next year and the state will then surpass oil output in the following countries: Indonesia (923,000 bpd), Oman (927,000 bpd), India (945,000 bpd), Colombia (960,000 bpd), and the U.K. (982,000 bpd). <<http://www.aei-ideas.org/2012/10/carpe-oleum-seize-the-oil-n...And as far as I can tell, the only government involvment is a tangle of regulations.arrete
I'm surprised tele hasn't weighed in with "the USA uses 20,000,000 barrels of oil per day". <g>Mike
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS