Wednesday, 16 May 2012

North Dakota’s oil-rich Bakken region: boom, busts and trouble

http://www2.macleans.ca/2012/05/15/north-dakotas-oil-rich-bakken-region-boom-busts-and-trouble/
In Bakken North Dakota there is a huge oil boom. This year it faced the lowest unemployment rate of 3%. This is because Bakken has large oil fields and thousands of workers working those fields. But even though th large amount of work is good for Bakkens economy, there are problems that come with it. For instance it is very hard to find places to live in Bakken now since so many are taken up by the workers. The crime rate has also largely increased because of the amount of workers that have come. North Dakota has swapped tips with areas sharing similar problems from the oil boom like Saskatchewan and Montana. I hope that they can find a solution to the effect that the workers have in these oil boom regions because they are doing more harm than good.

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