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North Dakota No. 2 in oil production; Fannie Mae has a good quarter; Chinese banks to expand in U.S.; Let's set the job record straight; Facebook's advertising challenge

North Dakota No. 2 in oil production

North Dakota has passed Alaska to become the nation’s No. 2 oil-producing state, pumping more than 575,000 barrels per day. The state’s oil output has quadrupled in just four years, thanks largely to hydraulic fracturing. Texas remains the unchallenged leader, pumping 1.7 million barrels a day.

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