Tag Archives: Bakken
Is Fracking Oil Safe

Companies line up to drill after survey shows Dakota oil, gas fields far bigger than believed

WASHINGTON –  Energy companies are lining up for their shot to drill in the Dakotas and Montana after a new government report revealed that a massive geological formation stretching across the states contains twice the oil and three times the amount of natural gas than was originally believed. While the new estimate is drawing smaller […]

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Texas oil output hits highest level in two decades

Texas oil production rose by almost 100 million barrels in 2012 over the previous year, to the highest level in two decades. It was the fifth consecutive year with an increase. Despite a drop in oil prices last spring, economist Karr Ingham predicts production will rise again in 2013. Ingham offered a look at the […]

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