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oil boom

Oil wells dot the rural, agricultural landscape surrounding Williston, North Dakota. The Bakken formation has become one of the largest sources of new oil production in the US.

The ‘Wild West on steroids’ cools off

June 22, 2017Economics

When the price of oil plummeted a few years back, local businesses in Williston, North Dakota, felt the hurt. But many locals also say that the breakneck pace was unsustainable.

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