Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

N.D. reports lower crude oil production, expects further declines

 


North Dakota’s crude oil production fell 2.5 percent in December, and the state’s top oil regulator expects a steady decline in output this year because of low oil prices and scaled-back drilling.

Oil fields in the state’s western counties pumped 1.15 million barrels per day in December, down from 1.18 million barrels in November, the North Dakota Mineral Resources Department said Wednesday. December’s output was off 6 percent from the peak of 1.22 million daily barrels in December 2014.

http://www.startribune.com/n-d-reports-lower-crude-oil-production-and-expects-further-declines/369200521/

 

Reader Comments
(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2020

Rendered 11/04/2020 04:55