Oil Fields Gushing in the U.S. - WSJ.com: "BY TOM FOWLER
Federal forecasters are expected to confirm on Monday what the energy industry already knows: Oil production is surging in the U.S.
The U.S. Energy Information Administration is likely to raise by a substantial amount its existing estimate that U.S. oil production will grow by 550,000 barrels per day by 2020, to just over six million barrels daily.
The forecast will include new production data from developing oil fields, including the Bakken shale area in North Dakota, which could hold as much of 4.3 billion barrels of recoverable oil. North Dakota's output of oil and related liquids ..."
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