North Dakota oil output at new high in August

North Dakota oil output at new high in August: regulator

NEW YORK | Wed Oct 10, 2012 5:43pm EDT

NEW YORK (Reuters) – Oil production in North Dakota accelerated in August, jumping by 3.6 percent from July levels to top the 700,000 barrel-per-day mark for the first time in the state’s history, data from the state Industrial Commission showed on Wednesday.

The state’s August oil output rose by nearly 25,000 barrels-per-day from the previous month and hit just above 701,000 bpd, fast approaching volumes from OPEC-member Qatar, which produced 770,000 bpd in August.

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Drill, Baby! Drill!! President Obama Opens Up Alaska Drilling for Natural Gas & Oil

Here’s how Democrats shut the mouths of naysaying Republicans.

Alaska’s Shale Oil Tops Eagle Ford, Trails Bakken, U.S. Says

February 24, 2012, 4:37 PM ESTBy Katarzyna Klimasinska

Feb. 24 (Bloomberg) — Alaska’s North Slope shale formation may hold as much as 2 billion barrels of oil, the second-largest U.S. deposit of unconventional crude after the Bakken in North Dakota and more than the Eagle Ford in Texas.

The region may also hold as much as 80 trillion cubic feet of gas, the fourth-largest gas-shale deposit after Marcellus in the Northeast, Haynesville in Texas and Louisiana, and the Eagle Ford, the U.S. Geological Survey said today.

“Alaska’s energy resources hold great promise and economic opportunity for the American people,” Interior Secretary Ken Salazar said today in an e-mailed statement.

President Barack Obama’s administration and the state of Alaska are