BISMARCK, ND (trfnews.i234.me) It appears North Dakota’s oil boom could be in the rear-view mirror.
the bakken’s oil boom appears to be in the rear view mirror north dakota mineral resources director lynn helms say a word he heard many times when he met in texas with executives from 10 oil companies with wells and the bakken is mature in describing the state’s oil patch helm says the bakken has been rebranded he says u.s oil producers are more focused on growing their operations in the permian basin of texas and new mexico helm says while north dakota could still see small annual production increases drilling is expected to taper off in about a decade
Reflecting on the Aftermath of North Dakota’s Oil Boom
This is sad for all the people involved!
As long as people keep electing someone like Biden, all oil production is in jeopardy.
We'd still be paying less than$2 gal
Hmmm. I am pretty sure politics plays a part in all of this.🤨
1.13 million barrels a day leave ND. The video says we'll continue to see "small upswings" in production. On Feb 14th, a barrel was selling for $90.21.
You will never see $2/gallon gas when oil is selling for that price, get over it!!! Decide if you want cheap gas or oil revenue for the state. Getting both isn't happening
Maybe if Biden hadn’t shut down the pipeline!
Fjb
Seems convenient now that they were just saying gas prices today are going to sky rocket due to the war that we might be in soon. I guess only war cause prices to go up
Electric/Solar/Hydro and wind is the future…STOP subsidizing BIG OIL and it will DIE very quickly, and our environment can begin to heal.