Friday, January 14, 2011

Bloomberg's Chart of the Day: North Dakota Could Surpass Alaska in Oil Production

I've posted this story back on January 2, 2011, and at least once more after that, but I missed the Bloomberg story from yesterday. A big thank you from a reader in Minnesota who caught it and sent it to me.

At the link:
The Chart of the Day shows production from North Dakota could increase to between 450,000 barrels and 700,000 barrels a day in the next three to seven years, according to a December report from the North Dakota Pipeline Authority, citing a forecast from the state’s Department of Mineral Resources. Alaska’s output may fall to 450,000 barrels daily by 2017, the Energy Department said Dec. 16 in its Annual Energy Outlook.