CINXE.COM

<!DOCTYPE html>      <html class="no-js" xmlns:fb="http://ogp.me/ns/fb#" lang="en">  <head profile="http://gmpg.org/xfn/11"><script type="text/javascript" src="/_static/js/bundle-playback.js?v=HxkREWBo" charset="utf-8"></script> <script type="text/javascript" src="/_static/js/wombat.js?v=txqj7nKC" charset="utf-8"></script> <script>window.RufflePlayer=window.RufflePlayer||{};window.RufflePlayer.config={"autoplay":"on","unmuteOverlay":"hidden"};</script> <script type="text/javascript" src="/_static/js/ruffle/ruffle.js"></script> <script type="text/javascript"> __wm.init("https://web.archive.org/web"); __wm.wombat("http://247wallst.com:80/special-report/2015/07/13/the-10-most-oil-rich-states-2/4/","20180204155832","https://web.archive.org/","web","/_static/", "1517759912"); </script> <link rel="stylesheet" type="text/css" href="/_static/css/banner-styles.css?v=S1zqJCYt" /> <link rel="stylesheet" type="text/css" href="/_static/css/iconochive.css?v=3PDvdIFv" />  <title> The 10 Most Oil-Rich States - 24/7 Wall St.</title> <meta http-equiv="content-type" content="text/html; charset=UTF-8"/>  <meta property="og:site_name" content="247wallst.com"/> <meta property="og:type" content="article"/> <meta property="og:title" content="The 10 Most Oil-Rich States"/> <meta property="og:url" content="https://web.archive.org/web/20180204155832/http://247wallst.com/special-report/2015/07/13/the-10-most-oil-rich-states-2/"/> <meta property="og:image" content="https://web.archive.org/web/20180204155832im_/https://s0.wp.com/wp-content/themes/vip/247wallst/images/247-50x50.png"/> <meta property="fb:admins" content="1637394913,9110202"/> <meta property="fb:app_id" content="209662835720614"/>   <link rel="stylesheet" type="text/css" href="https://web.archive.org/web/20180204155832cs_/https://s0.wp.com/wp-content/themes/vip/247wallst/js/tabs/tabcontent.css"/> <link rel="stylesheet" id="jquery-ui-css" href="//web.archive.org/web/20180204155832cs_/http://code.jquery.com/ui/1.10.4/themes/ui-lightness/jquery-ui.css?ver=4.5" type="text/css" media="all"/> <link rel="stylesheet" id="style_new-css" href="https://web.archive.org/web/20180204155832cs_/https://s0.wp.com/wp-content/themes/vip/247wallst/style_new.css" type="text/css" media="all"/> <script type="text/javascript"> var __wallst_pii_detected = __wallst_pii_detected || false, __wallst_pii_markers = __wallst_pii_markers || [ '@', '%40' ]; // no good reason for there to be an @ in the url or referrer for ( var i=0; i <= __wallst_pii_markers.length; i++ ) { if ( -1 != document.location.href.indexOf( __wallst_pii_markers[i] ) ) __wallst_pii_detected = true; if ( -1 != document.referrer.indexOf( __wallst_pii_markers[i] ) ) __wallst_pii_detected = true; } // don't track local paths if ( -1 != window.location.protocol.indexOf( 'file' ) ) __wallst_pii_detected = true; </script> <script src="https://web.archive.org/web/20180204155832js_/https://r-login.wordpress.com/remote-login.php?action=js&host=247wallst.com&id=5450697&t=1517759912&back=http%3A%2F%2F247wallst.com%2Fspecial-report%2F2015%2F07%2F13%2Fthe-10-most-oil-rich-states-2%2F4%2F" type="text/javascript"></script> <script type="text/javascript"> /* <![CDATA[ */ if ( 'function' === typeof WPRemoteLogin ) { document.cookie = "wordpress_test_cookie=test; path=/"; if ( document.cookie.match( /(;|^)\s*wordpress_test_cookie\=/ ) ) { WPRemoteLogin(); } } /* ]]> */ </script> <link rel="dns-prefetch" href="//web.archive.org/web/20180204155832/http://s2.wp.com/"/> <link rel="dns-prefetch" href="//web.archive.org/web/20180204155832/http://s0.wp.com/"/> <link rel="dns-prefetch" href="//web.archive.org/web/20180204155832/http://s1.wp.com/"/> <link rel="dns-prefetch" href="//web.archive.org/web/20180204155832/http://247wallst.wordpress.com/"/> <script type="text/javascript"> /* <![CDATA[ */ function addLoadEvent(func) { var oldonload = window.onload; if (typeof window.onload != 'function') { window.onload = func; } else { window.onload = function () { oldonload(); func(); } } } /* ]]> */ </script> <link rel="stylesheet" id="all-css-0-1" href="https://web.archive.org/web/20180204155832cs_/https://s1.wp.com/_static/??-eJx9kE0SgjAMhS9kjb/gxvEspWQk0JSOKSK3N8jIQhw2meTle0kb6KNxbUgYEnBnou/uFAT66Fo2wuRx+Km2TmQD/22eGhSoMUXrGvOpZpyC812pbRWgtFKRDpAtU1gitUDSflO0rzlZ2+vaB6rO0aaRYCzJokdWbM3GMfu6xrTSR69+b7pDUcQHihiNTB2bVOmipW+S4UkRDqe8t95LAkmDxxG98XV/3u/y7JAdL/UbuceRPQ==?cssminify=yes" type="text/css" media="all"/> <link rel="stylesheet" id="print-css-1-1" href="https://web.archive.org/web/20180204155832cs_/https://s0.wp.com/wp-content/themes/vip/247wallst/print.css?m=1320342806h&cssminify=yes" type="text/css" media="print"/> <link rel="stylesheet" id="all-css-2-1" href="https://web.archive.org/web/20180204155832cs_/https://s2.wp.com/_static/??-eJyVj9EKwjAMRX/IGjoH0wfxW2qXdZG0GWvm8O+tDMEhDny7Jzk3EJgH4yUpJgXtMWKGOw1Q1c3smLNC1geX4UKmQ6fTiO3e57yD/7oau69anMzAU6BULGoDaoYsnhwbKsoaljJBEl2W77B1NaAYFu+UJK3AdOxo3KqOeGUJJQYo1gf+er6vIbBcHb+ESzzb+tRUR2sP9vYEA1CFUg==?cssminify=yes" type="text/css" media="all"/> <script type="text/javascript"> /* <![CDATA[ */ var thickboxL10n = {"next":"Next >","prev":"< Prev","image":"Image","of":"of","close":"Close","noiframes":"This feature requires inline frames. You have iframes disabled or your browser does not support them.","loadingAnimation":"https:\/\/web.archive.org\/web\/20180204155832\/https:\/\/s1.wp.com\/wp-includes\/js\/thickbox\/loadingAnimation.gif"}; /* ]]> */ </script> <script type="text/javascript" src="https://web.archive.org/web/20180204155832js_/https://s1.wp.com/_static/??-eJyNkOsOgjAMhV/IOVQM/DE+y4AKHbu5bqA+vcMoiYaoSZM27Zdz2vLRMTS1ig0QlynOEfz1mdaSVvwbwDS2XgRYazQvuLYmgAkTq22FClgk8KJNvSR0sgucsxQ0ECVoYfq+EpoBYfyJSQhO1D3zQHiDpUNCh3Vf2ctcfGqGDtJSfEDHt3kxCqUocKdii4a4HcArMdsNQmEzPWIy/UvocbaLLsFHfdjss7wsdllRyjuVxJXD"></script> <script type="text/javascript" src="//web.archive.org/web/20180204155832js_/http://code.jquery.com/ui/1.10.4/jquery-ui.js?ver=4.9.3-RC1"></script> <link rel="EditURI" type="application/rsd+xml" title="RSD" href="https://247wallst.wordpress.com/xmlrpc.php?rsd"/> <link rel="wlwmanifest" type="application/wlwmanifest+xml" href="https://s1.wp.com/wp-includes/wlwmanifest.xml"/> <meta name="generator" content="WordPress.com"/> <link rel="canonical" href="https://web.archive.org/web/20180204155832/http://247wallst.com/special-report/2015/07/13/the-10-most-oil-rich-states-2/4/"/> <link rel="shortlink" href="https://web.archive.org/web/20180204155832/https://wp.me/pmRYt-1aBj"/> <link rel="alternate" type="application/json+oembed" href="https://web.archive.org/web/20180204155832/https://public-api.wordpress.com/oembed/?format=json&url=http%3A%2F%2F247wallst.com%2Fspecial-report%2F2015%2F07%2F13%2Fthe-10-most-oil-rich-states-2%2F&for=wpcom-auto-discovery"/><link rel="alternate" type="application/xml+oembed" href="https://web.archive.org/web/20180204155832/https://public-api.wordpress.com/oembed/?format=xml&url=http%3A%2F%2F247wallst.com%2Fspecial-report%2F2015%2F07%2F13%2Fthe-10-most-oil-rich-states-2%2F&for=wpcom-auto-discovery"/><link rel="openid.server" href="http://247wallst.wordpress.com/?openidserver=1"/> <link rel="openid.delegate" href="http://247wallst.wordpress.com/"/> <link rel="search" type="application/opensearchdescription+xml" href="https://web.archive.org/web/20180204155832/http://247wallst.com/osd.xml" title="24/7 Wall St."/> <link rel="search" type="application/opensearchdescription+xml" href="https://web.archive.org/web/20180204155832/https://s1.wp.com/opensearch.xml" title="WordPress.com"/> <script type="text/javascript"> window.wallst = {}; window.wallst.getParams = function() { var vars = [], hash; var hashes = window.location.href.slice(window.location.href.indexOf('?') + 1).split('&'); for (var i = 0; i < hashes.length; i++) { hash = hashes[i].split('='); vars.push(hash[0]); vars[hash[0]] = hash[1]; } return vars; } wallst.setCookie = function(key, days, value) { var d = new Date(); d.setTime(d.getTime() + (days * 24 * 60 * 60 * 1000)); if( !value ) value = "true"; var cookie = key + '='+value+'; expires=' + d.toGMTString() + '; path=/'; document.cookie = cookie; } wallst.readCookie = function(name) { var nameEQ = name + "="; var ca = document.cookie.split(';'); for(var i=0;i < ca.length;i++) { var c = ca[i]; while (c.charAt(0)==' ') c = c.substring(1,c.length); if (c.indexOf(nameEQ) == 0) return c.substring(nameEQ.length,c.length); } return 'false'; } wallst.cookies_enabled = function() { document.cookie = "cookietest=true"; return (wallst.readCookie("cookietest") == "true"); } wallst.init_flags = function() { var params = wallst.getParams(); } wallst.init_flags(); </script> <link rel="standout" href="http://247wallst.com/special-report/2015/07/13/the-10-most-oil-rich-states-2/"/><meta name="news_keywords" content="oil prices,States, oil, crude oil, production, economy, boom, oil-boom, mining and logging, energy "/> <script type="text/javascript"> window._mNHandle = window._mNHandle || {}; window._mNHandle.queue = window._mNHandle.queue || []; medianet_versionId = "121199"; (function() { var sct = document.createElement("script"), sctHl = document.getElementsByTagName("script")[0], isSSL = 'https:' == document.location.protocol; sct.type = "text/javascript"; sct.src = (isSSL ? 'https:' : 'http:') + '//web.archive.org/web/20180204155832/http://contextual.media.net/dmedianet.js?cid=8CUD54534' + (isSSL ? '&https=1' : '')+''; sct.async = "async"; sctHl.parentNode.insertBefore(sct, sctHl); })(); </script>   <script type="text/javascript"> function wallst_recirc_link_tracking_init( a_id, type ) { var lnk = document.getElementById( a_id ); var recirc_src = window.location.pathname; var recirc_dest = lnk.pathname; // force 'text' if unknown param given if ( 'graphic' != type ) type = 'text'; var pageTracker = pageTracker || _gat._createTracker( 'UA-681032-2' ); var recirc_base = '/recirc' + recirc_src + type + '/test1'; pageTracker._trackPageview( recirc_base + '/view' + recirc_dest ); lnk.addEventListener( 'click', function() { pageTracker._trackPageview( recirc_base + '/click' + recirc_dest ); return false; }); } </script>  <script type="text/javascript"> var googletag = googletag || {}; googletag.cmd = googletag.cmd || []; var __wallst_pii_detected = __wallst_pii_detected || false; if ( ! __wallst_pii_detected ) { (function (){ window.advBidxc = window.advBidxc || {}; window.advBidxc.renderAd = function (){}; window.advBidxc.startTime = new Date().getTime(); window.advBidxc.timeout = 400; window.advBidxc.version = 4.1; window.advBidxc.section = "<section name>"; window.advBidxc.customerId = "8CUL57427"; window.advBidxc.domain = window.location.hostname; function loadScript(tagSrc) { if (tagSrc.substr(0, 4) !== 'http') { var isSSL = 'https:' == document.location.protocol; tagSrc = (isSSL ? 'https:' : '') + tagSrc; } var scriptTag = document.createElement('script'), placeTag = document.getElementsByTagName("script")[0]; scriptTag.type = 'text/javascript'; scriptTag.async = true; scriptTag.src = tagSrc; placeTag.parentNode.insertBefore(scriptTag, placeTag); } function loadGPT(){ if(!window.advBidxc.isAdServerLoaded){ loadScript('//web.archive.org/web/20180204155832/http://www.googletagservices.com/tag/js/gpt.js'); window.advBidxc.isAdServerLoaded = true; } } window.advBidxc.loadGPT = setTimeout(loadGPT, window.advBidxc.timeout); var isSSL = 'https:' == document.location.protocol; var mnSrc = (isSSL ? 'https:' : 'http:') + '//web.archive.org/web/20180204155832/http://contextual.media.net/bidexchange.js?cid=' + window.advBidxc.customerId + '&dn=' + window.advBidxc.domain + '&version=' + window.advBidxc.version + (isSSL ? '&https=1' : ''); loadScript(mnSrc) })(); } </script> <script type="text/javascript"> var __wallst_pii_detected = __wallst_pii_detected || false; if ( ! __wallst_pii_detected ) { googletag.cmd.push( function() { // new parameters for Keewee to track performance var params={}; var combinedParameter = 'combinedUtms'; var allUtmsForDfp = ''; var counterForUnderscore = 0; window.location.search.replace( /[?&]+([^=&]+)=([^&]*)/gi, function( str, key, value ) { params[key.toLowerCase()] = value; } ) ; for ( var k in params ) { if( k.indexOf( "utm" ) === 0 ) { var newParam = ( k == 'utm_content' ) ? 279081 : params[k]; if(++counterForUnderscore != 1) { allUtmsForDfp = allUtmsForDfp + '_' + newParam; } else { allUtmsForDfp = allUtmsForDfp + newParam; } googletag.pubads().setTargeting( k, newParam ); } } googletag.pubads().setTargeting( combinedParameter, allUtmsForDfp ); // end of keewee performance code var dfp_pub_service = googletag.pubads(); dfp_pub_service.setTargeting( "Section", "Special-Report" ); dfp_pub_service.setTargeting( "Archive", "no" ); dfp_pub_service.setTargeting( "slug", "the-10-most-oil-rich-states-2" ); dfp_pub_service.setTargeting( "text_src", "247" ); googletag.defineSlot( "/1016069/247WS_Special-Report_Leaderboard_1_728x90_ATF",[[728,90],[970,250]] ,"dfp-leaderboard").addService( dfp_pub_service ); googletag.defineSlot( "/1016069/247WS_Special-Report_In-Text_Box_1_300x250_ATF",[[1,1],[300,250]] ,"dfp-in-text").addService( dfp_pub_service ); googletag.defineSlot( "/1016069/247WS_Special-Report_Right-Rail_Box_1_300x250_ATF",[[300,250],[300,600]] ,"dfp-sidebar-1").addService( dfp_pub_service ); googletag.defineSlot( "/1016069/247WS_Special-Report_Right-Rail_Box_2_300x250_BTF",[[300,250],[300,600]] ,"dfp-sidebar-2").addService( dfp_pub_service ); googletag.defineSlot( "/1016069/247WS_Special-Report_Right-Rail_Box_3_300x250_BTF",[[300,250],[300,600]] ,"dfp-sidebar-3").addService( dfp_pub_service ); googletag.defineSlot( "/1016069/247WS_Special-Report_Skyscraper_1_160x600_BTF",[160,600] ,"dfp-skyscraper").addService( dfp_pub_service ); dfp_pub_service.enableSingleRequest(); googletag.enableServices(); }); } </script> <meta name="application-name" content="24/7 Wall St."/><meta name="msapplication-window" content="width=device-width;height=device-height"/><meta name="msapplication-tooltip" content="Insightful Analysis and Commentary for U.S. and Global Equity Investors"/><meta name="msapplication-task" content="name=Subscribe;action-uri=http://247wallst.com/feed/;icon-uri=https://s2.wp.com/i/favicon.ico"/><link rel="amphtml" href="https://web.archive.org/web/20180204155832/http://247wallst.com/special-report/2015/07/13/the-10-most-oil-rich-states-2/amp/"/><style type="text/css" id="syntaxhighlighteranchor"></style> <script> var wp_template_dir="https://web.archive.org/web/20180204155832/https://s0.wp.com/wp-content/themes/vip/247wallst"; var wp_current_page="https://web.archive.org/web/20180204155832/http://247wallst.com/special-report/2015/07/13/the-10-most-oil-rich-states-2/4/"; var tb_pathToImage="https://web.archive.org/web/20180204155832/https://247wallst.wordpress.com/wp-includes/js/thickbox/loadingAnimation.gif?m=1354137473h"; var tb_closeImage="https://web.archive.org/web/20180204155832/https://247wallst.wordpress.com/wp-includes/js/thickbox/tb-close.png?m=1354137473h"; var adscripts = {}; var adblocks = {}; </script> <link rel="shortcut icon" type="image/x-icon" href="https://web.archive.org/web/20180204155832im_/https://s0.wp.com/wp-content/themes/vip/247wallst/favicon.ico"/>  <script>(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://web.archive.org/web/20180204155832/https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-P6D4ZZH');</script>  <link rel="alternate" type="application/rss+xml" href="https://web.archive.org/web/20180204155832/http://247wallst.com/feed/" title="24/7 Wall St. latest posts"/> <link rel="alternate" type="application/rss+xml" href="https://web.archive.org/web/20180204155832/http://247wallst.com/comments/feed/" title="24/7 Wall St. latest comments"/> <link rel="pingback" href="http://247wallst.com/xmlrpc.php"/> <meta name="verify-v1" content="IODtZuG2ioY7pGg0quJbNSfBusGQMgChxukhNrOGdN4="/> <meta name="description" content="4. California > Proved oil reserves: 2.9 billion barrels > Total crude oil production: 204 million barrels (3rd highest) > Number of operating refineries: 17 (3rd most) > Unemployment rate: 7.5% (4th highest) California’s proven oil reserves fell by nearly 25% from 2000 through 2013, one of only two of the most oil-rich states that […] "/> <meta name="keywords" content="Special Report, oil prices, States"/> <script type="text/javascript" src="https://web.archive.org/web/20180204155832js_/https://s0.wp.com/wp-content/themes/vip/247wallst/js/tabs/tabcontent.js"> /*********************************************** * Tab Content script v2.2- © Dynamic Drive DHTML code library (www.dynamicdrive.com) * This notice MUST stay intact for legal use * Visit Dynamic Drive at http://www.dynamicdrive.com/ for full source code ***********************************************/ </script> <script> var checkobj function agreesubmit(el){ checkobj=el if (document.all||document.getElementById){ for (i=0;i<checkobj.form.length;i++){ //hunt down submit button var tempobj=checkobj.form.elements[i] if(tempobj.type.toLowerCase()=="submit") tempobj.disabled=!checkobj.checked } } } function defaultagree(el){ if (!document.all&&!document.getElementById){ if (window.checkobj&&checkobj.checked) return true else{ alert("Please read/accept terms to submit form") return false } } } </script> <script type="text/javascript"> function getUrlVars() { var vars = [], hash; var hashes = window.location.href.slice(window.location.href.indexOf('?') + 1).split('&'); for (var i = 0; i < hashes.length; i++) { hash = hashes[i].split('='); vars.push(hash[0]); vars[hash[0]] = hash[1]; } return vars; } function _stackinput(t) { t.style.zIndex=!!t.value*150; return true; } function get_set_email(form) { var $form = jQuery(form); var email_address, endpoint, redir; email_address = $form.find('[name="recipient_email"]').val(); endpoint = $form.find('[name="custom_validation_redir"]').val(); redir = $form.find('[name="custom_end_location"]'); if(email_address.trim) email_address = email_address.trim(); else if(email_address.replace) email_address = email_address.replace(/^\s*(.+)\s*$/, '$1'); if(email_address.match(/^\s*$/) || !email_address.match(/^\S+@\S+\.\S+$/)) { $form.find('.form_email').addClass('invalid'); $form.find('.form_email .message').text("Invalid email address"); return false; } redir.val(redir.val() + '?email=' + email_address + "&src=" + endpoint); wallst.setCookie("newsletter-signup", 365); return true; } var setup_email_field = function() { var $ = jQuery; $(window).keydown(function(ev) { if(ev.keyCode == 27 && window.parent.tb_remove) window.parent.tb_remove(); }); var reset_invalid = function() { $(this).parents('.form_email').removeClass('invalid'); $(this).parents('.form_email').find('.message').text(''); } $('.form_email input[name="recipient_email"]').keydown(reset_invalid).focus(reset_invalid); }; jQuery(setup_email_field); function submit_newsletter_email_signup(form, referrer) { if(typeof track == "function") track("Newsletter Signup", form.custom2.value, "Newsletter has been subscribed to from " + referrer); return get_set_email(form); } </script>   <script type="text/javascript"> var __wallst_pii_detected = __wallst_pii_detected || false; if ( ! __wallst_pii_detected ) { var gaJsHost = (("https:" == document.location.protocol) ? "https://web.archive.org/web/20180204155832/https://ssl." : "https://web.archive.org/web/20180204155832/http://www."); document.write(unescape("%3Cscript src='" + gaJsHost + "google-analytics.com/ga.js' type='text/javascript'%3E%3C/script%3E")); } </script> <script type="text/javascript"> var pageTracker; function track(c, n, d) { if(typeof(pageTracker) != "undefined" && pageTracker._trackEvent) pageTracker._trackEvent(c, n, d); } try { pageTracker = _gat._createTracker( "UA-681032-2" ); pageTracker._setCustomVar( 2, 'author', 'Alexander Kent' ); pageTracker._setCustomVar( 3, 'section', 'Special Report' ); pageTracker._setCustomVar( 4, 'terms', 'multipage,oil prices,States' ); pageTracker._trackPageview(); // track referrer if there's an '@' symbol in one of the params var url = window.location.href; if ( -1 != url.indexOf( '?' ) ) { var params = url.slice( url.indexOf( '?' ) + 1 ).split( '&' ), hash = []; for ( var i=0; i < params.length; i++ ) { if ( -1 != params[i].indexOf( '@' ) ) { hash = params[i].split('='); track( 'debug_ATparam_' + hash[0], 'page: ' + window.location.pathname, 'ref: ' + document.referrer ); } } } } catch(err) {} </script>   <script type="text/javascript"> // supress error when including in header var atwMN = ''; // set a default top.aol_devil_flag = false; // update styling of ad slots in right rail if Devil runs if( 'function' == typeof jQuery ) { jQuery(document).ready( function() { if( top.aol_devil_flag ) { jQuery('li.box-ad').css('height', 'auto'); jQuery('li.skyscraper div.list').css('width','auto'); jQuery('li.skyscraper div.list ul li').css('width','auto'); } }); } </script> <script type="text/javascript" src="https://web.archive.org/web/20180204155832js_/http://o.aolcdn.com/ads/adsWrapper.js"></script> <script type="text/javascript"> </script>  <script type="text/javascript"> (function(d,c){d[c]=d[c].replace(/\bno-js\b/, "js");})(document.documentElement,"className"); </script> </head> <body class="wordpress y2018 m02 d04 h10 single postid-279081 s-y2015 s-m07 s-d13 s-h01 s-category-special-report s-author-247alexkent paged-4 single-paged-4 mp6 customizer-styles-applied">  <noscript><iframe src="https://web.archive.org/web/20180204155832if_/https://www.googletagmanager.com/ns.html?id=GTM-P6D4ZZH" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript>   <div id="wrapper" class="hfeed"> <div id="header"> <div id="headerbar"> <div id="subheader"> <div id="site-title" itemscope itemtype="http://schema.org/Organization"> <a href="https://web.archive.org/web/20180204155832/http://247wallst.com/" itemprop="url" href="" onclick="track("Menu Click", "home", "Clicked on logo to go home")" title="24/7 Wall St. - Insightful Analysis and Commentary for U.S. and Global Equity Investors"> <span>24/7 Wall St. - Insightful Analysis and Commentary for U.S. and Global Equity Investors</span> </a> <meta itemprop="logo" content="https://s0.wp.com/wp-content/themes/vip/247wallst/images/logo-square.png"/> </div> </div> <div id="navbar"> <div id="navigation"> <div id="navwrap"> <ul id="navleft"> <script>if(typeof _stackinput == "undefined") _stackinput = function(t) { t.style.zIndex=!!t.value*150; return true; }</script> <li id="search" rel="search"> <form style="display: inline" id="searchform" class="blog-search" method="get" onsubmit="track && track('Searched', 'search', 'User has submitted search for ' + this.s.value)" action="https://web.archive.org/web/20180204155832/http://247wallst.com/"> <div class="form_labelinput"> <input type="text" name="s" id="searchbox" onblur="_stackinput(this)" onfocus="this.style.zIndex=150"/> <label for="searchbox">Search this site</label> </div> <input type="image" src="/web/20180204155832im_/http://247wallst.com/special-report/2015/07/13/the-10-most-oil-rich-states-2/4/" width="24" height="24" value="Search" class="submit"/> </form> </li> <li id="menu-item-208013" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children menu-item-208013"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/business/">Business</a> <ul class="sub-menu"> <li id="menu-item-208014" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208014"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./aerospace-defense/">Aerospace & Defense</a></li> <li id="menu-item-208015" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208015"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./autos/">Autos</a></li> <li id="menu-item-208016" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208016"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./banking-finance/">Banking & Finance</a></li> <li id="menu-item-208017" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208017"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./commodities-metals/">Commodities & Metals</a></li> <li id="menu-item-208018" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208018"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./consumer-products/">Consumer Products</a></li> <li id="menu-item-208019" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208019"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./energy-business/">Energy</a></li> <li id="menu-item-208020" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208020"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./healthcare-business/">Healthcare</a></li> <li id="menu-item-208100" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208100"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./industrials/">Industrials</a></li> <li id="menu-item-208101" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208101"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./infrastructure/">Infrastructure</a></li> <li id="menu-item-208021" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208021"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./media/">Media</a></li> <li id="menu-item-208022" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208022"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./retail/">Retail</a></li> <li id="menu-item-208102" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208102"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./services/">Services</a></li> </ul> </li> <li id="menu-item-208023" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children menu-item-208023"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./technology-3/">Technology</a> <ul class="sub-menu"> <li id="menu-item-208027" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208027"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./apps-software/">Apps & Software</a></li> <li id="menu-item-208028" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208028"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./consumer-electronics/">Consumer Electronics</a></li> <li id="menu-item-208029" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208029"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./telecom-wireless/">Telecom & Wireless</a></li> <li id="menu-item-208024" class="menu-item menu-item-type-taxonomy menu-item-object-post_tag menu-item-208024"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/companies/aapl/">Apple Inc.</a></li> <li id="menu-item-208026" class="menu-item menu-item-type-taxonomy menu-item-object-post_tag menu-item-208026"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/companies/fb/">Facebook</a></li> <li id="menu-item-208025" class="menu-item menu-item-type-taxonomy menu-item-object-post_tag menu-item-208025"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/companies/goog/">Google</a></li> </ul> </li> <li id="menu-item-208030" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children menu-item-208030"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./investing/">Investing</a> <ul class="sub-menu"> <li id="menu-item-208031" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208031"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/analyst-upgrades/">Analyst Upgrades</a></li> <li id="menu-item-208032" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208032"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/bankruptcy/">Bankruptcy</a></li> <li id="menu-item-208033" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208033"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/warren-buffett/">Buffett</a></li> <li id="menu-item-208035" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208035"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/corporate-governance/">Corporate Governance</a></li> <li id="menu-item-208036" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208036"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/corporate-performance/">Corporate Performance</a></li> <li id="menu-item-208037" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208037"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/dividends-and-buybacks/">Dividends and Buybacks</a></li> <li id="menu-item-208038" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208038"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/earnings/">Earnings</a></li> <li id="menu-item-208039" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208039"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/etfs-and-mutual-funds/">ETFs and Mutual Funds</a></li> <li id="menu-item-208040" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208040"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/international-markets/">International Markets</a></li> <li id="menu-item-208041" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208041"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/ipos-and-secondaries/">IPOs and Secondaries</a></li> <li id="menu-item-208042" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208042"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/mergers-and-acquisitions/">Mergers and Acquisitions</a></li> <li id="menu-item-208044" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208044"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/personal-finance/">Personal Finance</a></li> <li id="menu-item-208045" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208045"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/rumors/">Rumors</a></li> <li id="menu-item-208046" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208046"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/value-investing/">Value Investing</a></li> </ul> </li> <li id="menu-item-208048" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-has-children menu-item-208048"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./economy/">Economy</a> <ul class="sub-menu"> <li id="menu-item-208049" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208049"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./energy-economy/">Energy</a></li> <li id="menu-item-208056" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208056"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/government-regulation/">Government Regulation</a></li> <li id="menu-item-208050" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208050"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./healthcare-economy/">Healthcare</a></li> <li id="menu-item-208051" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208051"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./housing/">Housing</a></li> <li id="menu-item-208052" class="menu-item menu-item-type-taxonomy menu-item-object-category menu-item-208052"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./jobs/">Jobs</a></li> </ul> </li> <li id="menu-item-208055" class="menu-item menu-item-type-taxonomy menu-item-object-category current-post-ancestor current-menu-parent current-post-parent menu-item-has-children menu-item-208055"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./special-report/">Special Report</a> <ul class="sub-menu"> <li id="menu-item-208058" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208058"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/brands-and-products/">Brands and Products</a></li> <li id="menu-item-208060" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208060"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/cities/">Cities</a></li> <li id="menu-item-208063" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208063"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/countries/">Countries</a></li> <li id="menu-item-208062" class="menu-item menu-item-type-taxonomy menu-item-object-keywords menu-item-208062"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/states/">States</a></li> </ul> </li> </ul> <script> if(typeof jQuery == "function" && typeof track == "function") { jQuery('#navleft li').click(function() { var $t = jQuery(this); var link = $t.find('a').text(); track("Menu Click", link.toLowerCase().replace(/[^a-z0-9]/i, ' ').replace(/\s+/,'_'), "Clicked on menu item " + link); }); } </script> </div> </div> </div> </div> <div id="lb-anchor"></div> <div id="lb-fill"> <div id="leaderbar"> <div class="aol-dev-mark" id="ad-header" addesc="header ad" adid="header" onclick="pageTracker._trackEvent('Header ad', 'Header-Ad', 'User has clicked on Top Leader Board ad');"> <div id="dfp-leaderboard"> <script type="text/javascript">if ( ! __wallst_pii_detected ) googletag.cmd.push(function() { googletag.display( "dfp-leaderboard" ); });</script> </div> </div> </div> </div>  <div></div> </div> </div>  <div class="content"> <div class="primary"> <div class="clearfix"></div> <div itemscope itemtype="http://schema.org/Article" id="post-279081" class="single-post hentry p1 post publish author-247alexkent category-special-report untagged y2015 m07 d13 h01"> <h1 class="entry-title" itemprop="name">The 10 Most Oil-Rich States</h1> <p class="post-meta"> <span class="byline">By <a class="vcard author url" href="https://web.archive.org/web/20180204155832/http://247wallst.com/author/alexander-kent/" title="Posts by Alexander Kent" rel="author" itemprop="author" itemscope itemtype="http://schema.org/Person"><span class="fn" itemprop="name">Alexander Kent</span></a></span> <span class="timestamp" itemprop="datePublished" content="2015-07-13T06:34:20+00:00">July 13, 2015 6:34 am EST</span> <meta itemprop="dateModified" content="2015-07-13T06:34:20+00:00"/> </p> <div id="user_controls">  <a class="icons" id="print_button" href="https://web.archive.org/web/20180204155832/http://247wallst.com/special-report/2015/07/13/the-10-most-oil-rich-states-2/print/" title="print" onclick="pageTracker._trackPageview('/controlclick/print');" target="_blank"><span class="icon_link">Print</span></a>  <span class="addthis_email" onclick="pageTracker._trackPageview('/controlclick/email_this');"> <script type="text/javascript">var addthis_pub = "admin247";</script> <a class="icons" href="#" id="email_button" onmouseover="return addthis_open(this, 'email', 'https://web.archive.org/web/20180204155832/http://247wallst.com/special-report/2015/07/13/the-10-most-oil-rich-states-2/', 'The 10 Most Oil-Rich States');" onmouseout="addthis_close();" onclick="return addthis_open(this, 'email', 'https://web.archive.org/web/20180204155832/http://247wallst.com/special-report/2015/07/13/the-10-most-oil-rich-states-2/', 'The 10 Most Oil-Rich States');"> <span class="icon_link">Email</span></a> <script type="text/javascript" src="https://web.archive.org/web/20180204155832js_/http://s7.addthis.com/js/152/addthis_widget.js"></script> </span>  <div id="fbtweet"> <div class="icons" id="linkedin_button" onclick="pageTracker._trackPageview('/controlclick/linkedin_share');"> <script type="text/javascript" src="https://web.archive.org/web/20180204155832js_/http://platform.linkedin.com/in.js"></script> <script type="in/share" data-counter="right" data-url="http://247wallst.com/special-report/2015/07/13/the-10-most-oil-rich-states-2/"></script> </div> <div class="icons" id="tweetmeme_button"> <a href="https://web.archive.org/web/20180204155832/https://twitter.com/share" class="twitter-share-button" data-url="https://web.archive.org/web/20180204155832/http://247wallst.com/special-report/2015/07/13/the-10-most-oil-rich-states-2/" data-via="247WallSt" data-related="247WallSt">Tweet</a> </div> <div class="icons" id="tumblr_button"> <a class="tumblr-share-button" data-color="blue" data-notes="right" href="https://web.archive.org/web/20180204155832/https://embed.tumblr.com/share"></a> <script>!function(d,s,id){var js,ajs=d.getElementsByTagName(s)[0]; if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="https://web.archive.org/web/20180204155832/https://secure.assets.tumblr.com/share-button.js";ajs.parentNode.insertBefore(js,ajs);}}(document, "script", "tumblr-js");</script> </div> <div class="icons" id="fblike_button"> <div class="archive_social"> <span class="fblike"> <iframe src="https://web.archive.org/web/20180204155832if_/http://www.facebook.com/plugins/like.php?href=http://247wallst.com/special-report/2015/07/13/the-10-most-oil-rich-states-2/&layout=button_count&show_faces=false&width=50&action=like&colorscheme=light&height=21" scrolling="no" frameborder="0" style="border:none; overflow:hidden; width:100px; height:21px;" allowtransparency="true"> </iframe> </span> </div> </div> </div> </div> <div itemprop="articleBody" class="entry-content"> <p><strong>4. California<br/> > Proved oil reserves:</strong> 2.9 billion barrels<br/> <strong>> Total crude oil production:</strong> 204 million barrels (3rd highest)<br/> <strong>> Number of operating refineries:</strong> 17 (3rd most)<br/> <strong>> Unemployment rate:</strong> 7.5% (4th highest)</p> <p>California’s proven oil reserves fell by nearly 25% from 2000 through 2013, one of only two of the most oil-rich states that did not increase its proven reserves over that period. Still, because of the state’s size, proven reserves totalled more than 2.9 billion barrels, fourth-most in the country. Relative to other states, California’s oil production is also quite high, at roughly 2 million barrels per year, the third highest production level in the country. The state is home to 15 of the nation’s largest oil fields, which accounted for more than 80% of the state’s oil production in 2013. Only 0.2% of the state’s labor force was employed in mining and logging as of 2014, by the far the lowest share of employment in that sector among oil-rich states.</p> <div id="dfp-in-text"> <script type="text/javascript">if ( ! __wallst_pii_detected ) googletag.cmd.push(function() { googletag.display( "dfp-in-text" ); });</script> </div> <p><strong><span style="color:#008000;"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/special-report/2015/07/09/10-states-with-the-most-hate-groups/" style="color:#008000;">ALSO READ: 10 States With the Most Hate Groups</a></span></strong></p> <p><strong>3. Alaska<br/> > Proved oil reserves:</strong> 2.9 billion barrels<br/> <strong>> Total crude oil production:</strong> 181 million barrels (4th highest)<br/> <strong>> Number of operating refineries:</strong> 5 (tied-5th most)<br/> <strong>> Unemployment rate:</strong> 6.8% (10th highest)</p> <p>Like in California, proven oil reserves in Alaska are declining, falling 40.4% from 2000 through 2013, including a 13.1% decline in 2012. Alaska’s mining industry, which began contracting as the oil boom hit the lower 48 states, was one factor contributing to the state’s negative GDP growth rate. The industry dragged Alaska’s overall GDP down 1.84 percentage points in 2013, making it one of just two states with negative GDP growth figures that year. Nonetheless, with nearly 3 billion barrels of proven reserves, Alaska is home to some of the largest oil fields in the country. Together, the Prudhoe Bay and Kuparuk River fields, the third and sixth largest fields by proven reserves, accounted for nearly 60% of the state’s total oil production of 188 million barrels in 2013. And while just 0.6% of the nation’s workforce was employed in the mining and logging sector, 5.3% of Alaska’s labor force was employed in that sector, the third largest share in the country.</p> <p><strong>2. North Dakota<br/> > Proved oil reserves:</strong> 5.7 billion barrels<br/> <strong>> Total crude oil production:</strong> 396 million barrels (2nd highest)<br/> <strong>> Number of operating refineries:</strong> 1 (24th most)<br/> <strong>> Unemployment rate:</strong> 2.8% (the lowest)</p> <p>Home to the Bakken shale formation, North Dakota is the archetype of the recent U.S. oil boom. From 2000 through 2013, proven oil reserves increased by more than 2,000%, from 270 million barrels to 5.7 billion barrels. And while only four new oil fields discovered in 2013, compared to the 29 fields discovered in 2010, the state still had the highest number of new field discoveries in the country. New oil discoveries have also helped create jobs in the state. Since 2001, North Dakota’s unemployment rate has risen above 4% only once, and the share of the labor force employed in mining and logging has grown from roughly 1% to 6.5%. Additionally, the state had the country’s highest GDP growth rate of 6.3%, of which 2.5 percentage points came from the mining industry.</p> <p><strong><span style="color:#008000;"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/special-report/2015/07/08/20-cities-with-the-widest-gap-between-the-rich-and-poor/" style="color:#008000;">ALSO READ: 20 Cities With the Widest Gap Between the Rich and Poor</a></span></strong></p> <p><strong>1. Texas<br/> > Proved oil reserves:</strong> 10.5 billion barrels<br/> <strong>> Total crude oil production:</strong> 1.2 billion barrels (the highest)<br/> <strong>> Number of operating refineries:</strong> 26 (the most)<br/> <strong>> Unemployment rate:</strong> 5.1% (16th lowest)</p> <p>With more than 10 billion barrels, Texas had the most proven oil reserves of any state in the country. Extensions to existing fields, as well as the discovery of new fields, including in the Eagle Ford Shale in 2009, helped Texas double its proven reserves since 2000. And while geologists first discovered the Permian Basin in the late 19th century, it was not until recent advances in production technology that oil companies could extract oil from the basin’s shale. As of March 2013, the Permian Basin was the largest oil producing region in the country. In addition to having the most proven reserves, Texas also produced the most oil in the country. The state produced 1.2 billion barrels of oil in 2014, a third of all U.S. crude oil production that year.</p> <p class="byline konafilter">By Alexander Kent</p> </div> <div class="page-link"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/special-report/2015/07/13/the-10-most-oil-rich-states-2/3/" rel="prev"><img src="https://web.archive.org/web/20180204155832im_/https://s0.wp.com/wp-content/themes/vip/247wallst/images/PreviousButton125.jpg"></a></div> <div class="page-link-nums">Pages: <a href="https://web.archive.org/web/20180204155832/http://247wallst.com/special-report/2015/07/13/the-10-most-oil-rich-states-2/"><span class="pagenum">1</span></a>/<a href="https://web.archive.org/web/20180204155832/http://247wallst.com/special-report/2015/07/13/the-10-most-oil-rich-states-2/2/"><span class="pagenum">2</span></a>/<a href="https://web.archive.org/web/20180204155832/http://247wallst.com/special-report/2015/07/13/the-10-most-oil-rich-states-2/3/"><span class="pagenum">3</span></a>/<span class="pagenum">4</span></div> <div id="post-footer"> </div> </div> <script id="mNCC" language="javascript"> medianet_width = "645"; medianet_height = "1260"; medianet_crid = "567875254"; medianet_versionId = "111299"; (function() { var isSSL = 'https:' == document.location.protocol; var mnSrc = (isSSL ? 'https:' : 'http:') + '//web.archive.org/web/20180204155832/http://contextual.media.net/nmedianet.js?cid=8CU5F4US8' + (isSSL ? '&https=1' : ''); document.write('<scr' + 'ipt type="text/javascript" id="mNSC" src="' + mnSrc + '"></scr' + 'ipt>'); })(); </script> <div id="nav-above" class="navigation" onclick="track('Navigation Click', 'nav-above', 'User has clicked on navigation between social icons and post meta')"> <div class="nav-previous"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/consumer-electronics/2015/07/13/will-apple-launch-iphone-7-too-soon/" rel="prev"><span class="meta-nav">«</span> Will Apple Launch iPhone 7 Too Soon?</a></div> <div class="nav-next"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/investing/2015/07/13/the-6-most-shorted-nyse-stocks-in-june/" rel="next">The 6 Most Shorted NYSE Stocks in June <span class="meta-nav">»</span></a></div> </div> <div class="entry-meta" onclick="pageTracker._trackPageview('/trackclick/read_more_single');"> Read more: <span itemprop="keywords"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/./special-report/" rel="category tag">Special Report</a>, <a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/oil-prices/" rel="tag">oil prices</a>, <a href="https://web.archive.org/web/20180204155832/http://247wallst.com/topics/states/" rel="tag">States</a></span> </div> </div> <div class="secondary"> <div class="secondary_inner"> <div id="col3"> <ul class="xoxo"> <div id="signupbar"> <div id="signupwrap"> <form id="newsletter-subscribe-1472469990" method="post" action="https://web.archive.org/web/20180204155832/http://www.magnetmail.net/actions/subscription_form_action_24new.cfm" onsubmit="return submit_newsletter_email_signup(this, '')" target="_top">  <input type="hidden" name="mode" value=""/> <input type="hidden" maxlength="10" value="SA_WALLST" name="user_id"/> <input type="hidden" value="top-nav-email-form" maxlength="100" name="custom2"/> <input type="hidden" value="0" maxlength="1" name="text_only"/> <input type="hidden" value="http://247wallst.com/special-report/2015/07/13/the-10-most-oil-rich-states-2/" name="custom_validation_redir"/> <input type="hidden" name="custom_end_location" value="https://247wallst.wordpress.com/thank-you/" class="redir"/>  <span id="daily_signup"><label for="recipient_email_1472469990">Free Daily Newsletter</label></span><br/> <input type="text" name="recipient_email" id="recipient_email_1472469990" class="recipient_email" onblur="_stackinput(this)" onfocus="this.style.zIndex=150; if(window.parent.cancelPopupClose) window.parent.cancelPopupClose();" style="margin-top: 7px;"> <button type="submit" name="submit" class="subscribe" value="Subscribe Me!"><span id="new_subscribe">Subscribe</span></button><br/> </form> <div class="message"></div> <div class="social"> <a target="_blank" href="https://web.archive.org/web/20180204155832/http://www.facebook.com/247WallSt" onclick="pageTracker._trackEvent('Social Icon Click', 'newsletter-facebook', 'User has clicked on Facebook icon');" title="Find us on Facebook"><i class="sprite sprite-FaceBook_32x32"></i></a> <a target="_blank" href="https://web.archive.org/web/20180204155832/http://twitter.com/247wallst" onclick="pageTracker._trackEvent('Social Icon Click', 'newsletter-twitter', 'User has clicked on Twitter icon');" title="Follow us on Twitter"><i class="sprite sprite-Twitter_32x32"></i></a> <a target="_blank" href="https://web.archive.org/web/20180204155832/https://plus.google.com/109889536671975286106?prsrc=3" rel="publisher" target="_top" style="text-decoration:none;"><img src="//web.archive.org/web/20180204155832im_/http://ssl.gstatic.com/images/icons/gplus-32.png" alt="Google+" style="border:0;width:32px;height:32px;"/></a> <a target="_blank" href="https://web.archive.org/web/20180204155832/http://247-wallst.tumblr.com/" onclick="pageTracker._trackEvent('Social Icon Click', 'newsletter-tumblr', 'User has clicked on Tumblr icon');" title="Find us on Tumblr"><i class="sprite sprite-tumblr_logo_white_blue_32"></i></a> <a target="_blank" href="https://web.archive.org/web/20180204155832/http://feeds.feedburner.com/typepad/RyNm" onclick="pageTracker._trackEvent('Social Icon Click', 'newsletter-rss', 'User has clicked on RSS icon in top-nav-email-form');" title="Subscribe"><i class="sprite sprite-rss"></i></a> <span class="terms"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/disclaimer-and-terms-of-use" target="_blank">Terms & Conditions</a></span> </div> </div> </div> <li class="iframe-ad sidebar right-sidebar-ad-2 box-ad stickLoop boxA"> <div id="dfp-sidebar-1"> <script type="text/javascript">if ( ! __wallst_pii_detected ) googletag.cmd.push(function() { googletag.display( "dfp-sidebar-1" ); });</script> </div> </li> <li class="iframe-ad sidebar box-ad stickLoop boxB" id="right-sidebar-ad-1" addesc="first ad in right sidebar"> <div id="dfp-sidebar-2"> <script type="text/javascript">if ( ! __wallst_pii_detected ) googletag.cmd.push(function() { googletag.display( "dfp-sidebar-2" ); });</script> </div> </li> <li class="iframe-ad sidebar box-ad stickLoop boxC" id="right-sidebar-ad-3"> <div id="dfp-sidebar-3"> <script type="text/javascript">if ( ! __wallst_pii_detected ) googletag.cmd.push(function() { googletag.display( "dfp-sidebar-3" ); });</script> </div> </li> <li id="ad-right-sidebar-ad-4" adid="right-sidebar-ad-4" addesc="300x600 Right Rail Box 4" class="iframe-ad sidebar right-sidebar-ad-4 stickLoop boxD"> <div id="389657298"> <script type="text/javascript"> try { window._mNHandle.queue.push(function () { window._mNDetails.loadTag("389657298", "300x600", "389657298"); }); } catch (error) {} </script> </div> </li> <li id="quotebox" class="sidebar"> <form name="searchQuote" id="searchQuote" action="https://web.archive.org/web/20180204155832/http://www.marketwatch.com/tools/quotes/quotes.asp?symb=mmm" onsubmit="track('Stock Symbol Lookup', 'stock-search', 'User has performed a lookup on a stock symbol: ' + this.value);"> <b>Get Quote for:</b> <input type="text" name="symb" class="sym2" onfocus="this.style.color='#000000';this.value='';" value="Enter symbol"/> <div> <a href="https://web.archive.org/web/20180204155832/http://www.marketwatch.com/tools/quotes/lookup.asp" title="This link allows you to search for a symbol" target="_blank">Symbol Lookup</a> </div> <div id="search2"> <a class="left_quotesearch" href="javascript:document.searchQuote.submit();">Search</a> </div> </form> </li> </ul> </div> </div> </div> </div> <div id="footer"> <ul class="partner-feeds"> <li class="sidebar rss-feed" onclick="pageTracker._trackPageview('/trackclick/themotleyfool');"> <a href="https://web.archive.org/web/20180204155832/http://www.fool.com/" target="_blank"> <img src="https://web.archive.org/web/20180204155832im_/https://s0.wp.com/wp-content/themes/vip/247wallst/images/ads/themotleyfool.png?strip=all&quality=75" alt="themotleyfool" width="191" height="30" border="0" vspace="0"/> </a> <ul> <li><a href="https://web.archive.org/web/20180204155832/https://www.fool.com/investing/2018/02/04/hastings-thinks-disney-streaming-platform-will-be.aspx?source=iedfolrf0000001" title="Netflix CEO Reed Hastings Admits Disney's Streaming Platform Will Do Well" target="_blank">Netflix CEO Reed Hastings Admits Disney's Streaming Platform Will Do Well</a></li> <li><a href="https://web.archive.org/web/20180204155832/https://www.fool.com/investing/2018/02/04/essential-trends-to-watch-when-new-york-times-repo.aspx?source=iedfolrf0000001" title="Essential Trends to Watch When The New York Times Reports Earnings" target="_blank">Essential Trends to Watch When The New York Times Reports Earnings</a></li> <li><a href="https://web.archive.org/web/20180204155832/https://www.fool.com/retirement/2018/02/04/8-smart-things-you-can-do-with-1000-right-now-2.aspx?source=iedfolrf0000001" title="8 Smart Things You Can Do With $1,000 Right Now" target="_blank">8 Smart Things You Can Do With $1,000 Right Now</a></li> </ul> </li> <li class="sidebar rss-feed" onclick="pageTracker._trackPageview('/trackclick/marketwatch');"> <img src="https://web.archive.org/web/20180204155832im_/https://s0.wp.com/wp-content/themes/vip/247wallst/images/ads/marketwatch-logo.jpg?strip=all&quality=75" alt="marketwatch" width="160" height="45" border="0" vspace="0"/> <ul> <li><a href="https://web.archive.org/web/20180204155832/http://feeds.marketwatch.com/~r/marketwatch/realtimeheadlines/~3/7DaS-4Taug0/" title="Wells Fargo shares now down over 5% after Fed sanction" target="_blank">Wells Fargo shares now down over 5% after Fed sanction</a></li> <li><a href="https://web.archive.org/web/20180204155832/http://feeds.marketwatch.com/~r/marketwatch/realtimeheadlines/~3/hIKeEZb8XfU/quotes.asp" title="Dow industrials plunge 622 points to 25,565" target="_blank">Dow industrials plunge 622 points to 25,565</a></li> <li><a href="https://web.archive.org/web/20180204155832/http://feeds.marketwatch.com/~r/marketwatch/realtimeheadlines/~3/dtSJX3tfav4/quotes.asp" title="WTI oil prices fall roughly 1% for the week on Nymex" target="_blank">WTI oil prices fall roughly 1% for the week on Nymex</a></li> </ul> </li> <li class="sidebar rss-feed" onclick="pageTracker._trackPageview('/trackclick/zacks');"> <img src="https://web.archive.org/web/20180204155832im_/https://s0.wp.com/wp-content/themes/vip/247wallst/images/ads/zacks-logo.png?strip=all&quality=75" alt="zacks" width="120" height="30" border="0" vspace="0"/> <ul> <li><a href="https://web.archive.org/web/20180204155832/http://www.zacks.com/stock/news/291227/the-sp-will-double-within-the-next-5-years?cid=CS-247WALL-FT-291227" title="The S&P Will Double Within the Next 5 Years" target="_blank">The S&P Will Double Within the Next 5 Years</a></li> <li><a href="https://web.archive.org/web/20180204155832/http://www.zacks.com/commentary/147831/airlines-to-soar-on-tax-cut-economic-growth-better-results?cid=CS-247WALL-FT-147831" title="Airlines to Soar on Tax Cut, Economic Growth, Better Results" target="_blank">Airlines to Soar on Tax Cut, Economic Growth, Better Results</a></li> <li><a href="https://web.archive.org/web/20180204155832/http://www.zacks.com/stock/news/291226/what-lies-ahead-for-china-etfs?cid=CS-247WALL-FT-291226" title="What Lies Ahead For China ETFs?" target="_blank">What Lies Ahead For China ETFs?</a></li> </ul> </li> <li class="sidebar rss-feed" onclick="pageTracker._trackPageview('/trackclick/foxbusiness');"> <img src="https://web.archive.org/web/20180204155832im_/https://s0.wp.com/wp-content/themes/vip/247wallst/images/ads/fox-business.png?strip=all&quality=75" alt="foxbusiness" width="160" height="17" border="0" vspace="0"/> <ul> <li><a href="https://web.archive.org/web/20180204155832/http://feeds.foxbusiness.com/~r/foxbusiness/latest/~3/oz5YgAUsgEM/essential-trends-to-watch-when-new-york-times-reports-earnings.html" title="Essential Trends to Watch When The New York Times Reports Earnings" target="_blank">Essential Trends to Watch When The New York Times Reports Earnings</a></li> <li><a href="https://web.archive.org/web/20180204155832/http://feeds.foxbusiness.com/~r/foxbusiness/latest/~3/d0T_1gfjwQU/8-smart-things-can-do-with-1000-right-now.html" title="8 Smart Things You Can Do With $1,000 Right Now" target="_blank">8 Smart Things You Can Do With $1,000 Right Now</a></li> <li><a href="https://web.archive.org/web/20180204155832/http://feeds.foxbusiness.com/~r/foxbusiness/latest/~3/-VRvAO70hw0/news-flash-social-security-is-all-about.html" title="News Flash: Social Security Is All About You" target="_blank">News Flash: Social Security Is All About You</a></li> </ul> </li> <li class="sidebar rss-feed" onclick="pageTracker._trackPageview('/trackclick/huffingtonpost');"> <img src="https://web.archive.org/web/20180204155832im_/https://s0.wp.com/wp-content/themes/vip/247wallst/images/ads/huffpo-logo.jpg?strip=all&quality=75" alt="huffingtonpost" width="160" height="14" border="0" vspace="0"/> <ul> <li><a href="https://web.archive.org/web/20180204155832/https://www.huffingtonpost.com/entry/fed-wells-fargo-halt-growth_us_5a753151e4b01ce33eb2dbc6?section=us_business" title="Fed Lowers The Boom On Wells Fargo After Years Of Grotesque Scandals" target="_blank">Fed Lowers The Boom On Wells Fargo After Years Of Grotesque Scandals</a></li> <li><a href="https://web.archive.org/web/20180204155832/https://www.huffingtonpost.com/entry/steve-wynn-settlement-paternity-claim_us_5a749e1ce4b06ee97af25312?section=us_business" title="Steve Wynn's $7.5 Million Settlement Reportedly Involved Paternity Claim" target="_blank">Steve Wynn's $7.5 Million Settlement Reportedly Involved Paternity Claim</a></li> <li><a href="https://web.archive.org/web/20180204155832/https://www.huffingtonpost.com/entry/trumps-usda-hog-workers-jobs-more-dangerou_us_5a737047e4b01ce33eb0f440?section=us_business" title="Trump’s USDA Could Make Hog Workers’ Jobs Even More Dangerous" target="_blank">Trump’s USDA Could Make Hog Workers’ Jobs Even More Dangerous</a></li> </ul> </li> </ul> <div id="footer_menu"> <ul> <li id="menu-item-125883" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-125883"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/">Home</a></li> <li id="menu-item-125884" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-125884"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/about/">About Us</a></li> <li id="menu-item-125885" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-125885"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/disclaimer-and-terms-of-use/">Disclaimer and Terms of Use</a></li> <li id="menu-item-125887" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-125887"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/disclaimer-and-terms-of-use/#privacypolicy">Privacy Policy</a></li> <li id="menu-item-125888" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-125888"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/contact/">Contact Us</a></li> <li id="menu-item-125889" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-125889"><a href="https://web.archive.org/web/20180204155832/http://247wallst.com/advertise/">Advertise</a></li> <li onclick="if( typeof track == 'function' ) track('Ad Click', 'footer', 'User has clicked on ad in footer')"> <a id="aolhuffpobrand" class="noborder" href="https://web.archive.org/web/20180204155832/http://www.dailyfinance.com/" title="Revised"> AOL-HuffPost Money & Finance </a> </li> </ul> </div> ©2018 24/7 Wall St. <span class="meta-sep">|</span> <span id="generator-link">Powered by <a href="https://web.archive.org/web/20180204155832/http://wordpress.com/vip-hosting/" title="WordPress.com VIP" rel="generator">WordPress.com VIP</a></span> </div> </div> <script id="mNCC" language="javascript"> window._mNInslDisplay = false; medianet_versionId = "151199"; (function() { var isSSL = 'https:' == document.location.protocol; var mnSrc = (isSSL ? 'https:' : 'http:') + '//web.archive.org/web/20180204155832/http://contextual.media.net/inslmedianet.js?cid=8CUD54534&crid=179434307&size=641x481' + (isSSL ? '&https=1' : ''); document.write('<scr' + 'ipt type="text/javascript" id="mNSC" src="' + mnSrc + '"></scr' + 'ipt>'); })(); </script>  <script> jQuery(function($){ var adBox = null; $(".ad").click(function() { adBox = null; var ad = $(this); var adid = ad.attr('id'); track('Ad Click', adid.match(/ad-(.+)/)[1], "User has clicked on " + ad.attr('addesc')); }); $(".iframe-ad") .mouseover(function(){ adBox = $(this).find('.ad'); }) .mouseout(function(){ adBox = null; }); var adtrack = function(ev) { if(adBox) { track('Ad Click', adBox.attr('adid'), "User has clicked on (iframe) " + adBox.attr('addesc')); adBox = null; } }; $(window).blur(adtrack); $(window).focusout(adtrack); }); </script> <script type="text/javascript"> if (typeof tb_pathToImage != 'string') { var tb_pathToImage = 'https://web.archive.org/web/20180204155832/http://247wallst.com/wp-includes/js/thickbox/loadingAnimation.gif'; } if (typeof tb_closeImage != 'string') { var tb_closeImage = 'https://web.archive.org/web/20180204155832/http://247wallst.com/wp-includes/js/thickbox/tb-close.png'; } </script> <style type="text/css"> label.error { display: block; color: red; } object, embed { position: relative !important; z-index: 0 !important; } </style> <div id="theme-overlay" style="display: none; !important"> </div>  <script>!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+'://platform.twitter.com/widgets.js';fjs.parentNode.insertBefore(js,fjs);}}(document, 'script', 'twitter-wjs'); </script> <script type="text/javascript"> jQuery('.skyscraper').on( 'click', '.x_popular ul li a', function() { pageTracker._trackPageview( '/trackclick/popular' ); }); jQuery('.skyscraper').on( 'click', '.x_recent ul li a', function() { pageTracker._trackPageview( '/trackclick/recent_posts' ); }); </script> <div style="display:none"> </div> <script type="text/javascript"> /* <![CDATA[ */ var wpcomVipAnalytics = {"is_404":"0","is_home":"0","is_single":"1","is_front_page":"0","is_archive":"0","percentToTrack":"1"}; /* ]]> */ </script> <script type="text/javascript" src="https://web.archive.org/web/20180204155832js_/https://s0.wp.com/_static/??-eJyVjs0OwiAQhF/IlZSqjQfjs6ywsVCgyNIf317ag2k0MfG2mZ35ZsQUQfUhU8jCstA0GkVx3lveic3LDxDdcDeBhTMdsXgMNFCLQTtKn+bcki+W0UQhD82EzvEKpzmWAKDmjKqDllz8Dm+aJCwIu5IAA7pnNop/BFB7E+CGSXjkTKlc0I+UktFlz1v7k5BTWbvUXv2lOlZNLWV9PtkXSsN0FA=="></script> <script type="text/javascript"> // <![CDATA[ (function() { try{ if ( window.external &&'msIsSiteMode' in window.external) { if (window.external.msIsSiteMode()) { var jl = document.createElement('script'); jl.type='text/javascript'; jl.async=true; jl.src='/wp-content/plugins/ie-sitemode/custom-jumplist.php'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(jl, s); } } }catch(e){} })(); // ]]> </script><script src="//web.archive.org/web/20180204155832js_/http://stats.wp.com/w.js?56" type="text/javascript" async defer></script> <script type="text/javascript"> _tkq = window._tkq || []; _stq = window._stq || []; _tkq.push(['storeContext', {'blog_id':'5450697','blog_tz':'-5','user_lang':'en','blog_lang':'en','user_id':'0'}]); _stq.push(['view', {'blog':'5450697','v':'wpcom','tz':'-5','user_id':'0','post':'279081','subd':'247wallst'}]); function st_vt() {var x=document.createElement("img");x.src="https://web.archive.org/web/20180204155832/http://pixel.wp.com/g.gif?blog=5450697&v=wpcomvt&tz=-5&user_id=0&post=279081&subd=247wallst&rand="+Math.random();} _stq.push(['extra', {'crypt':'UE40eW5QN0p8M2Y/RE1BNmNJfGhxNCVxUDExYmtib2E/SzdEJm0lUEtbdFU0fFk4cHZvcUFrZT90Tn4yQm1+R3NyNTdGQWs0Rk9xZ2I1NF9NeFJXd3ViMXhfT2h6aHdNKyUmfm5UcGFbN1EvMGx8OXF2YlV6U3BQRlVpSTFkTGYwJkZ+Q2NTbGdoYX5kZnJQfHpfemQ5WHl4eldzTWpJdHxaXVpNTHVpMFtiX1NtOENTW1JFaUltdHBzd2ZML25ZLFsyS2luQz94cTQ0eGE4bixtbHZIaUVkaS0/S29ZZmtFayVxdUFZWW5+MS9COTcudA=='}]); _stq.push([ 'clickTrackerInit', '5450697', '279081' ]); </script> <noscript><img src="https://web.archive.org/web/20180204155832im_/http://pixel.wp.com/b.gif?v=noscript" style="height:0px;width:0px;overflow:hidden" alt=""/></noscript> <script> if ( 'object' === typeof wpcom_mobile_user_agent_info ) { wpcom_mobile_user_agent_info.init(); var mobileStatsQueryString = ""; if( false !== wpcom_mobile_user_agent_info.matchedPlatformName ) mobileStatsQueryString += "&x_" + 'mobile_platforms' + '=' + wpcom_mobile_user_agent_info.matchedPlatformName; if( false !== wpcom_mobile_user_agent_info.matchedUserAgentName ) mobileStatsQueryString += "&x_" + 'mobile_devices' + '=' + wpcom_mobile_user_agent_info.matchedUserAgentName; if( wpcom_mobile_user_agent_info.isIPad() ) mobileStatsQueryString += "&x_" + 'ipad_views' + '=' + 'views'; if( "" != mobileStatsQueryString ) { new Image().src = document.location.protocol + '//web.archive.org/web/20180204155832/http://pixel.wp.com/g.gif?v=wpcom-no-pv' + mobileStatsQueryString + '&baba=' + Math.random(); } } </script> </body> </html>