Has The Bakken Peaked?

The Bakken is one of the foundations of U.S. oil production, and one of the principle reasons why the U.S. has become a massive oil producer. But the Bakken’s best days could be behind it. That’s right. Oil production from the Bakken may have reached a peak, at least for the foreseeable future. While the EIA is predicting that U.S. oil production will continue to rise this year and next, it may be missing the story going on in North Dakota. North Dakota saw its oil output top off in December at 1.22 million barrels per day. Production…

via OilPrice.com Daily News Update http://ift.tt/1yvQfhk

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