Energy Fact of the Day

INFORUM -- "At the end of May, North Dakota had 336 idle wells that had been drilled but were waiting for fracking crews."

MP: Employment in North Dakota's oil industry has more than quadrupled since 2008 (see chart above), but it looks like the increases in employment haven't been keeping up with the increased demand for fracking workers, resulting in hundreds of idle wells.  Given enough time for the supply of workers to catch up to the rising demand, we can look for continued increases in North Dakota's phenomenal oil output as those idle wells become active.