April 08, 2008

Montana Ranked 2nd In Oil Expansion

MONTANA, Apr 08 (Neo Natura) - Montana is currently the second fastest state to expand in oil recovery. New York takes the lead with an average 133% expansion in U.S. oil production in the last 5 years. Pennsylvania took 3rd as it's oil production grew 76% in the same period.

In 2002 Montana produced 46,000 barrels of oil per day. In 2003 Montana produced 53,000b/d. In 2004 Montana produced 68,000b/d. In 2005 Montana produced 90,000b/d. In 2006 Montana produced 99,000b/d. This gives Montana a 115% increase in oil production from 2002 to 2006. In 2006 Montana ranked 7th in the nation for inland oil production.

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