North Dakota: what low oil prices actually mean for them

Discussion in 'Fred's House of Pancakes' started by cyclopathic, Jun 16, 2015.

  1. cyclopathic

    cyclopathic Senior Member

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    Despite Low Oil Prices, North Dakota Remains an Expensive Place to Live | VICE News
     
  2. bisco

    bisco cookie crumbler

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    it's a boom or bust industry. no middle ground it seems.
     
  3. ETC(SS)

    ETC(SS) The OTHER One Percenter.....

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    See also: Construction.
     
  4. bisco

    bisco cookie crumbler

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    right. construction is a bit of a ponzi scheme.a lot of money is made building the pyramid, but those with investments when the bust comes get hammered. fortunately, we have bankruptcy laws, so someone else can take the hit.
     
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