2015 North Dakota Oil Supplies 
Green Car Congress
MARCH 24, 2016
Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. US oil production has steadily lost ground over the past two quarters, with production falling more than a half million barrels per day since hitting a peak at nearly 9.7 million barrels per day (mb/d) in April 2015.
Green Car Congress
JUNE 27, 2012
World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012.
Green Car Congress
MAY 20, 2015
Oil prices have rebounded strongly since March. There is a newfound bullishness in the oil markets—net long positions on Brent crude have hit multi-year highs in recent weeks on a belief that US supply is on its way down. EOG Resources says it will head back to the oil patch if prices stabilize around $65 per barrel.
Green Car Congress
JULY 22, 2011
In the Permian Basin, approximately one additional barrel of oil can be recovered for each 6,000 cubic feet (6 Mcf) of compressed CO 2 injected into the oil field. TCEP will begin delivering CO 2 to Whiting when the plant commences operations in late 2014 or early 2015; construction is scheduled to begin at the end of this year.
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