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North Dakota passes Alaska in oil production

July 27, 2012

From the Alaska Journal of Commerce:

North Dakota has passed Alaska to become the second-leading oil-producing state in the nation, trailing only Texas.

Assistant State Mineral Resources Director Bruce Hicks says North Dakota oil drillers pumped 17.8 million barrels in March, with a daily average of 575,490 barrels.

Alaska Oil and Gas Conservation Commission statistician Steve McMains says that state pumped 17.5 million barrels in March, with a daily average of 567,480 barrels.

McMains says Alaska’s oil production has slipped about 15 million barrels a year since 2008.

North Dakota was the ninth-largest oil-producing state just six years ago, but the state’s oil production has nearly quadrupled since March 2007.

North Dakota passed California in January as the third-largest oil-producing state in the nation.

Tip of the hat to James Coan at the FuelFix blog, who posted this item today, and adds:  “Now that North Dakota has overtaken Alaska in oil production, it can learn a lot from how Alaska handled the flood of wealth that comes with an oil boom. Both states have populations of about 700,000 and face similar sustainability challenges.”

 

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