North Dakota Not Shocked by Lower Oil Prices

March 25, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Oil and gas production this year started off suppressed due to cold weather and the commodity outlook is dim due to U.S. economic policies, an energy director in North Dakota said. North Dakota is home to the Bakken shale formation, the third-largest crude oil producer in the continental United States. The oil and gas division of the state Department of Mineral Resources reported total crude oil production averaged 1.17 million barrels per day (BBL/d) in January, the last full month for which the state published data.