North Dakota is enjoying a oil boom in the Northwest portion of the state. Many land owners are becoming millionaires if they hold the mineral rights to their properties. There are hundreds, if not thousands of oil wells pumping or are preparing to pump oil on the private property.
The Federal government also owns land in the drilling area and they on the other hand, are not not allowing too much drilling.
From the Minot Daily News:
Other recent new all-time highs for the N.D. oil patch include:
- March producing wells: 6,921.
- March oil (preliminary): 17,840,177 barrels (575,490 barrels a day).
- March gas (preliminary): 19,246,290 MCF (620,848 MCF a day).
He
said the rig counts in the Williston Basin continue to slowly increase,
and drilling permit activity is high, but well below record levels.
The number of wells drilling on federal surface in the Dakota Prairie Grasslands remains at one, he said.
http://www.minotdailynews.com/page/content.detail/id/566050/214--Another-record-for-N-D--oil-patch.html?nav=5010
Yep, one oil well on Federal land.
So, when President Obama says oil production is increasing under his watch, he is lying. Oil production on private land, where the Fed's have no authority is flourishing while on land the Fed's have control, is is just about non-existence.
Obama lies again.
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3 hours ago
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