Thursday, May 24, 2012

North Dakota -- An Energy Juggernaut -- American Petroleum Institute -- Federal Leases "Head Fake"

Link to PennEnergy.
Energy production on state and private lands in North Dakota and elsewhere is leading the energy and economic boom across the country, according to API. But oil and natural gas leasing and permitting is down on federal lands onshore as well as offshore. The number of new federal oil and natural gas leases in the western states was down 44 percent in 2009/2010 compared to the previous two year period. The same trends have developed for drilling permits and the number of new wells drilled on federal land. 
Repeat: The number of new federal oil and natural gas leases in the western states was down 44 percent in 2009/2010 compared to the previous two year period.

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