Finding Our Next Oil Fix

Energy and Capital

June 21, 2010

North Dakota and Canada are described in this article as "a league of their own" and a "no-brainer".

“I'll admit I left North Dakota out of the picture above... And that's because my outlook for North Dakota is in a league of its own.

Although the top three oil producing states have a dismal track record, North Dakota has been able to increase its oil production for six straight years. As you are well aware, its success lies solely from the Bakken formation.”

“Oh, Canada!

This should be a no-brainer.

Take away the potential production from deepwater prospects, add peak oil into the mix, and we're in for a tight ride for our oil addiction.”

Comments

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