Reuters Says ND Pumps More Oil in 1 Day than OH Did in All 2012

Reuters continues to pile on the bash-Utica bandwagon after the release last week of what MDN termed “disappointing” initial production numbers from the Ohio Utica Shale. MDN tried to keep perspective and provide context to the numbers in our Friday article (see OH 2012 Utica Production: A Slow Start, but Still Hopeful). However, Reuters (not for the first time) is doing their best to burst the bubble on what they call a “wave of euphoria” over shale plays like the Utica:

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