The more, the better, very happy to see larger #'s coming from the Bakken...I was surprised to read this, though...
U.S. dependence on mid-east oil rises. After a period of cutting dependence on foreign oil, particularly from the Persian Gulf, sales to the U.S. from Saudi Arabia have picked up, growing 26% on year to 1.45M bpd in the first five months of 2012. The rise is partly driven by the sanctions on Iran, but again leaves the U.S. increasingly exposed to the instability in the region.