Bakken still rockin?

Trump 2016!

 

OOOps. i read this after i posted...

 

I guess you missed the memo? Congress repealed the ban and Obama signed off on it Dec 18th. The US is officially an oil exporter again.

 

the US still can not produce oil as cheaply as the saudi's can, so being able to export will not save the already destroyed tight shale extraction.

 

^^^well, the stuff were getting from ND is dang near refined, it comes out on fire ready to go, the best stuff ever pulled out of the ground
We got 500 years worth of stuff mapped out waiting in the shale...I think we could sell more than we wanted to...

If it didnt pay off the deficit, it would be because politics/government/man, effed it all up!!

 

Oil is at around $32 a BBL. Might take a while to pay off anything

 

Ya, for sure that...Im talking 2 to 5 years when its 75 a barrel...

 

75 would be a blessing at this point.

 

If you haul Frack water, listen up... Drilling companies are gearing up for standard vertical drilling, old school, no fracking. Thats the only way to get it out of the ground @ sub $30 prices. There isn't as much to be had but its cheaper.