Spike In Crude Prices Not Creating Resurgence In Bakken

(Bismarck, ND) — An oil industry expert says an increase in crude prices isn’t leading to a resurgence in production in The Bakken. North Dakota Petroleum Council President Ron Ness says OPEC and its allies aren’t supporting a significant increase in oil production. Officials are also concerned that New Mexico is overtaking North Dakota as the second biggest oil producing state. Ness says North Dakota produces one-point-one million barrels of Bakken crude per day.

Be the first to comment

Leave a Reply

Your email address will not be published.