America’s Oil And Gas Boom Is Spreading Through The Country
The Permian Basin, home to more than 40 percent of all active U.S. drilling rigs, continues to receive most of the credit for the rapid growth of U.S. oil production; meanwhile, the Marcellus Shale receives the lion’s share of credit for ongoing record-setting levels of domestic natural gas production. But a series of recent information releases demonstrate that the oil and gas boom is spreading into other plays across the nation. Let’s review some examples: North Dakota’s Department of Mineral Resources (DMR) reported last Friday that the state’s oil production ...
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