A gas flare burns in front of an oil pumpjack near Killdeer, North Dakota, on Feb. 1, 2024. copy.jpg
Oil is nearly $100 a barrel. Don’t expect North Dakota oil activity to ramp up any time soon
Jacob Orledge, North Dakota Monitor
North Dakota’s oil and gas industry is not expected to significantly increase drilling activity in response to the price surge, a stark departure from the familiar boomand-bust cycle in the Bakken. Domestic crude oil pricing benchmarks have been hovering just shy of $100 per barrel.
Wednesday, March 25, 2026