Real estate opportunity for a future boom.
Gas. Match. Boom.
Refugees anyone?
So whats new...I remember the Aladka pipeline and what happened then. In fact I typed every invoice for all the Caterpillar equipment for the pipeline. .and then worked in HR later...crazy times.
My family was once transferred to Williston, ND, when the oil boom was happening there. This 7th generation Texan had a hard time adjusting to the long, extremely cold winters.
However, the fine citizens there made up for the cold.
Just as an aside, this was the only place we have ever lived where the schools did not have a hot lunch program. Those kids walked home and back for lunch in temperatures as cold as -37 degrees—on the thermometer—not factoring in the wind chill.
It was a dry cold as the humidity was so low.
I loved living there—one of our children was born there.
We have very fond memories of our time in Williston.
Putin moving into Syria and the ME? Don’t count on that bust just yet.
The price of oil will bounce back. We’re past peak oil don’t you know.
Just a couple years ago there were a story about a guy who had converted a semi-trailer into a portable shower house and made a fortune at the beginning of the boom. People were hauling campers up there and selling or renting them at a premium. Boom/bust cycle.
Well they had their fun. Now back to reality. North Dakota rode the greed train for a few years. They don’t deserve sympathy.
A housing surplus brought to you by greedy realestate dealers who fought man camps. With man camps, which were well operated and maintained, workers had an affordable jobsite home with food, laundry and maintenance service. When the job ended, the man camp operaqtor packed everything up and took it away. With the realators program, apartments were built to be rented at ssNY City prices. These are often used extremly hard by the occupants and when the job ends, are left vacant; a blight on the community and the tax base.