I do remember our wells got capped because it was cheaper to import oil, but at $3.50 a gallon, I don't get why the wells aren't being gone after to get a little independence from world event oriented markets.
There's apparently some issue in eastern MT and western ND where old wells are being reopened, but due to pipeline constraints (capacity + long term committments to Canadian oil producers?), this oil can't be added to the flow and the offered price to producers is ~$35/bbl. They are annoyed and not producing as much as they would otherwise.