Sunday, November 8, 2009

North Dakota- The New Saudia Arabia

From the Minot Daily News: "North Dakota's already burgeoning oil production could soar another 50 percent next year as the state's capacity to export crude catches up with its ability to pump it, state regulators and industry officials say.
If oil prices stay above $60 a barrel and contemplated oil transportation projects become reality, the state could be producing 400,000 barrels of oil daily within five years, said Lynn Helms, director of the state Department of Mineral Resources."

Having lived in North Dakota (joined the Air Force, see the world, I saw Minot for 4 years, but I loved it) I am very happy for the state.
And if you are looking for work, that may be the place to go. Beautiful summers, very cold winters and not much of a night life, except in maybe Bismarck and Fargo. Miles of flatlands with small mountains in the west. The some of the most awesome sight is seeing miles upon acres of sunflowers in full bloom and the Northern Lights in the winter. You also have some of the most friendliest people on the face of the earth.
But here is a case where the private sector is working with the state government and it will benefit everyone who lives there.
There is plenty of oil out west and the other states should follow North Dakota's lead and produce more oil while we reduce our dependence on foreign oil.

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