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Author: arrete Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 753082  
Subject: Carpe oleum Date: 10/11/2012 8:28 AM
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>> 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
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Author: ascenzm Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 648327 of 753082
Subject: Re: Carpe oleum Date: 10/11/2012 3:34 PM
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I'm surprised tele hasn't weighed in with "the USA uses 20,000,000 barrels of oil per day". <g>

Mike

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