The most expensive place to rent new housing in the US isn't Miami, LA or even New York. Thanks to the fracking boom, it's Williston, North Dakota, where Walmart pays $20/hour and new arrivals sleep in shipping containers. How does a city cope with a modern-day gold rush?
Move over ExxonMobil, Chevron and ConocoPhillips—there's a new "Big Three" in U.S. energy production. And they're not companies.
Did you know there is more to western North Dakota than oil, gas, trucks, pipelines and booked-up hotels? Listening to media reports from various sources in that last few years, one might be led to believe that these five staples are all that’s out there; that the once scenic country has been completely overrun and that it’s best for travellers to pull up to the Missouri River and stop.
Dozens of North Dakota lawmakers will be getting a warts-and-all tour next month of the state's booming oil patch and its impact.
North Dakota's biggest oil producers have picked a side and put money into an obscure election for the state's agriculture commissioner, hoping to ward off a rising Democratic challenger who could limit development of new wells and pipelines.
(Building the Bakken)
It is hard to imagine that the Bakken’s energy play is still in infant stages. At least from a macro level. On a micro level, the start up phase is over and production is here, while the Bakken passed the “boom” phase and into an “industry” sometime over the past 9-12 months. Brad Crabtree, vice president of fossil energy at the Great Plains Institute, has seen it all first hand and believes the future of resources like carbon and coal are just starting to gain traction in the Bakken.