Tuesday, November 15, 2011

Fact of the Day: North Dakota Oil Production Approaches OPEC Member Ecuador's Level

BLOOMBERG -- "Surging crude output in the Bakken shale formation is set to make North Dakota a bigger oil producer than OPEC member Ecuador. The CHART OF THE DAY above tracks North Dakota’s production, which has almost doubled in the past two years, as Ecuadorean output has stagnated."

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