Tag: Bakken

While pipelines in the United States face increasingly hostile legal challenges, China is seeing the importance of a national oil and natural gas pipeline network and is buying pipelines and storage facilities valued at 391.4 billion yuan ($55.9 billion). PipeChina was created in December 2019 to consolidate pipeline assets from the country’s state-owned oil and […]

The Dakota Access Pipeline is a 1,170 mile pipeline project currently under construction in the northern plains. The pipeline, spanning four states, would transport oil from North Dakota, through South Dakota and Iowa, onto its terminus in Patoka, Illinois. However, what should be a standard, albeit significant, infrastructure project, has come into the national limelight […]

For decades, the American presidents and congress have promised to reduce our dependence on foreign oil (as you can see in this video below): Promises were made to reduce imports  of foreign oil by everything from cellulosic ethanol to solar energy. None of these big-government programs worked. After the oil shocks of the 1970s, U.S. […]

U.S. oil production averaged 7.5 million barrels per day (bpd) in 2013, reaching the highest levels since 1989, according to new data from the Energy Information Administration (EIA). Domestic oil production hit 7.9 million bpd in December 2013, an 11 percent increase compared to December 2012. The following chart shows U.S. oil production between 1989 and 2013. Meanwhile, on the […]

United States oil production has passed yet another milestone, reaching its highest level in 25 years. According to the EIA, the oil industry produced 8.075 million barrels per day in the first week of December, the most since October of 1988. This increase in production is largely occurring on state and private lands and has […]

While most of the U.S. economy endures a slow recovery process, the energy sector continues to flourish. Job opportunities in oil and natural gas increased by 40 percent from 2007 to 2012, according to new data from the Bureau of Labor Statistics.[i] Compare this to just 1 percent growth for total private-sector employment over the […]

The new era in American energy being brought on innovative hydraulic fracturing and horizontal drilling technologies has made, North Dakota, the poster child of the domestic energy boom.  In 2012, North Dakota was the second largest oil producer, boasting the nation’s lowest unemployment rate at 3.6%. North Dakota’s emergence as an energy giant is a […]

The chance to get rich off global warming is slipping away.  Which could explain why Vice President Gore joined up with the royal house of Qatar, so they can hate American domestic energy production together.  Did we mention that Al Jazeera also is backing that lousy propaganda from Matt Damon? WSJ (1/4/13) reports: “The Kyoto Protocol on […]

Does anybody really think the Supermajority is going to let CA refiners stay in business by allowing them to export their product to less crazy states instead of supplying the CA market?  This story is not going to end well.  For anybody. Sacramento Bee (12/9/12) reports: “Regulators have imposed cap and trade, seeking to use market forces […]

  We’ve all daydreamed about winning the lottery and imagined what we’d do with the extra cash—buy a home, retire early, donate to charity, upgrade to the Porsche. But in some areas around the country, winning the lottery doesn’t require a ticket from the local 7-Eleven. Farmers and ranchers in states like North Dakota are […]