Boom and Bust in North Dakota

[North Dakota] produced 510,000 barrels of oil a day in November, surpassing the output of OPEC member Ecuador. North Dakota’s unemployment rate is 3.4 percent, lowest in the nation. Hiring is so frantic, the McDonald’s in Dickinson is offering $300 signing bonuses.

via The Man Who Bought North Dakota – BusinessWeek.

About a hundred new wells are blasted into the ground every month.

via North Dakota, Oil, and the Energy Crisis : The New Yorker.

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