The U.S. Energy Information Administration just released December 2011 data for U.S. petroleum trade. The EIA reports that net oil imports fell last year to 45.2% (lower even than previously reported based on data that didn’t include year-end figures), which … read more >

An earlier version of the chart above was featured on CD in November and it generated a lot interest and 133 comments, so I’m providing an update here based on employment and real GDP data through 2011.  More than any … read more >

1. North Dakota’s oil prosperity is spreading statewide to cities on the far eastern edge of the state like Grand Forks and Fargo that are 300 miles away from the Bakken oil region in the far western part of the … read more >

Click to enlarge. From XKDC.com.