Drill baby, drill.
However, there is no housing available for those who wish to move there, right?
Some of the comments following the story mention some factors that the article did not address - such as low taxes and a smaller % of government workers than in most other states.
I also wonder how much the farmers in ND receive in ag subsidies. and this article does not note the nature of the people who live there. You have to be made of hardworking, sturdy stuff to survive those winters. The people of ND are a different breed.
Then there are characteristics of the population of ND vs other states that we are not allowed to mention.
That is actually ZERO unemployment, as most labor statisticians agree that at any given time, between 3-4 % of the workforce is unemployed by CHOICE, for a variety of reasons..
North Dakota also has a state run bank that backstops its commercial and industrial sector. The bank actually does its job, runs in the black, and provides stability to the state economy. Because of this bank, North Dakota did not suffer the greed and stupidity effect of the rogue gamblers on Wall St. who are hell bent on destroying the “real” economy. Other states should imitate North Dakota and break out of the FED straight jacket.
“How States Got Their Shapes” failed to mention oil during their show tonight on boom towns.
Of course, they attributed it to wind farms and computer tech. No mention of oil at all.