North Dakota oil production has hit 464,129 barrels of oil per day which is almost 14 million barrels per month. This is 80,000 barrels per day more than three months ago and 100,000 barrels per day more than four months ago.
North Dakota produced 444142 barrels of oil per day in August, 2011
North Dakota Department of Mineral Resources Director Lynn Helms indicated that the boom in North Dakota oil is likely to lead to over 500,000 barrels per day by the end of 2011 and is heading to 800,000 barrels per day in 2013-2014.
California produces about 539,000 barrels of oil daily, compared with about 550,000 barrels in Alaska and about 1.2 million barrels daily in Texas.
North Dakota is likely to move to become the second largest state for oil production in 2012.
If you liked this article, please give it a quick review on ycombinator or StumbleUpon. Thanks
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.