Page added on March 18, 2008
Oil drillers have their eye on a vast oil field in and around North Dakota, which promises a steady flow of domestic crude for years.
A new black gold rush is under way, this time in North Dakota. The potential payoff is huge — up to 100 billion barrels of oil. That
But times have changed. High oil prices and new technology make it worth the effort. Computer analysis and remote sensing systems, plus smart drills that can probe horizontally or snake left and right, vastly improve the odds of locating new pools and putting them into production. And though oil is unlikely to remain priced at current stratospheric levels, prices won
Leave a Reply