BAKKEN OIL BUSINESS JOURNAL

BakkenJournal_April-May16

The BAKKEN OIL BUSINESS JOURNAL is a high-gloss, full-color magazine with a targeted distribution that gets our Advertisers in front of the RIGHT EYES in this industry. Direct mailed to Companies in the Bakken with bonus distribution at Energy Shows.

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Read online @ B A K K E N O I L B I Z . C O M / d i g i t a l - j o u r n a l 17 production. Having the right infrastructure in place will de- crease the time necessary to get oil to market. This time, North Dakota won't be start- ing from square one. Just recently, the Internation- al Energy Agency released findings that indicated total American crude oil output will increase 1.3 million barrels per day until 2021 despite the recent drop in global oil prices. Shale output across the United States is currently decreasing, but it is expected to rise again from 2018 on- ward. In response, OPEC's secretary general stated, "Shale oil in the United States, I don't know how we are going to live together, any increase in price, shale will come immediately and cover any reduction." America should be so lucky. New drilling methods have unlocked energy potential from regions like Western North Dakota that previously saw little economic activity. Now these methods have placed the world's largest oil groups like OPEC on alert, and made the ‚ě§ continued, pg 39

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