Friday, November 20, 2015

North Dakota Oil Production.....ANOTHER PESKY FACT!

North Dakota Oil Production

Oil production in North Dakota fell year-over-year in September for the first time in 11 years.

West Texas Intermediate crude in New York was down nearly 2%, and dropped to as low as $40.81, after hitting $40.06 on Monday. In August, WTI fell below $40 per barrel for the first time since 2009 amid a glut of supply that simply can't get cleared from the market.

SHALE OIL IS A SIDE SHOW, A FARCE, AN ECONOMIC JOKE! ANYONE WITH A BRAIN SHOULD HAVE KNOWN THIS.


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