The Red Queen Is Still On The Treadmill ; ND Produces Near Record -- August 14, 2015

NORTH DAKOTA oil production up +9,000 b/d in Jun (+0.7%) to 1.21 million b/d, second highest on record after December, 2014.

This is despite

• active rigs at 70 (record at 200+ during the boom)
• fracklog (back log of wells to be fracked) at 925
• operators choking back due to huge slump in oil prices
• operators choking back, shutting in wells due to NEW flaring regulations 

Director's Cut out.