Oklahoma Oil Production to Pass Alaska?

Posted October 27, 2014 at 5:00am

The Tulsa World reports that “Oklahoma is set to surpass Alaska as the country’s fourth-largest oil producer early next year, according to projections by the U.S. Energy Information Administration and Oklahoma City-based Continental Resources Inc.”  

“If current trends continue, Oklahoma in early 2017 will move ahead of California as the No. 3 oil producer, Continental CEO Harold Hamm said.”  

“’Oklahoma was known as a gas state,’ Hamm said. ‘People thought all the oil was found. But new technology has led to new investment.’”