North Dakota’s Bakken oil boom has reached a new high: 1 million barrels of oil per day. The state is now one of the few places in the world that produce more than a million barrels of oil per day mostly from the large Bakken shale formation in the western part of the North Dakota.
“Reaching the 1 million barrel a day mark is a tremendous and timely milestone for the petroleum industry and our state, but it is also a tremendous milestone for our nation,” Sen. John Hoeven, a Republican, said in a statement, citing the need for the United States to build its domestic energy resources.
“Until April, only Texas, one Canadian province and 19 countries were producing 1 million barrels per day, putting North Dakota among the top oil producers in the entire world,” said Ron Ness, president of the North Dakota Petroleum Council, an oil lobbying group.
If the United States and Canada would combine their fossil fuel forces, the two nations’ energy output could challenge the Mideast oil dominance and restore balance in Europe where Russia dominates.