The Oil Boom in North Dakota

North Dakota crude oil production reached a new record high of 277,407 barrels of oil per day in March 2010 (see chart above, data here), with most of the increased oil production coming from the Bakken and Three Forks Sanish oil formations (source).

Oil production in North Dakota is growing exponentially and has now doubled over the last two years from fewer than 138,000 barrels per day in February 2008, and tripled over the last five years from 92,500 barrels per day in February 2005.

Associated Press--