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  • from January 2019

    January: Surging oil output will push U.S. towards energy independence in 2020

    The Department of Energy forecasts U.S. oil production will jump from 10.9 million barrels per day in 2018 to 12.9 million bpd in 2020.


    December: In major shift, U.S. now exports more oil than it ships in

    The United States exported more crude oil and fuel than it imported for the first time on record, according to data from the last week in November.


    North Dakota Petroleum Council/Western Dakota Energy Association release results of North Dakota oil and gas tax revenue study

    Bismarck, N.D. – The North Dakota Petroleum Council (NDPC) and the Western Dakota Energy Association (WDEA) this week released the results of a North Dakota oil and gas tax revenue study they jointly sponsored.  The purpose of the study was to review the oil and gas extraction and gross production tax collections by the state…