Driving Season Could Lift Demand but Frackers are Poised to Raise Production 

Rig count declines have been leveling off over the past couple of weeks, which is starting to generated headwinds for crude prices.  Crude has experienced upward momentum after bottoming near $46 per barrel, but it appears that prices in the low $60’s are attracting US fracking producers.

North Dakota is one of the largest of the fracking states and it appears that…