Bakken Emerges as Contender for US Oil Drilling Crown

Posted by CNBC: Javier E. David on March 25th, 2013
CNBC: In the resurgence of US energy production, one spillover effect has been to put relatively obscure places on the map. One of those is Bakken, an oil hub that some believe could challenge the Gulf Coast's prodigious crude output. Bakken, a region stretching through swaths of North Dakota and Montana, has transformed itself into a major site of US crude production.The formation is now seen as the future of oil drilling in the U.S., and is an epicenter of pipeline expansion projects designed to capitalize......

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