BAKKEN COLLAPSE HAS BEGUN

Friday, April 17, 2015
By Paul Martin

James Quinn
TheBurningPlatform.com
17th April 2015

Here is a chart from the good old days of late 2013. Bakken oil production was soaring past 1 million barrels per day on their way to a peak of 1.33 million barrels per day in March of 2015. It’s amazing what junk bond debt and $100 a barrel oil prices can accomplish.

The number of rigs operating grew from 101 in April 2010 to 218 in June of 2012. What a spectacular display of American ingenuity. We were on our way to energy independence according the Wall Street shysters, moronic politicians, and oil industry lackeys.

The Rest…HERE

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