Oil and gas drillers keep pumping in North Dakota despite low prices

North Dakota is holding its own when it comes to oil and natural production despite the continuing slump in prices and predictions that the U.S. shale boom is about to fade, reports USA Today. The newspaper says a new report from North Dakota's Department of Mineral Resources put the state's oil output at 1.21 million barrels a day in June, its second-highest monthly rate ever, and natural gas production at a record 1.6 billion cubic feet that month. "What we're observing is U.S. producers are not indicating any decrease in oil production," said Lynn Helms, director of the North Dakota agency. For more, read the full story.