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Actually, Williston has slowed WAY down. Most companies have made cuts, some have moved out entirely.
The oil fields are still moving, to be sure, but the "boom" is kind of on hiatus at the moment.
Since hitting a low of 2.7 percent in September 2014, the jobless rate has grown to 3.1 percent, still low compared to the national rate of 5.5 percent, but on a steady upward trend reflecting the loss of jobs in the oil industry.
Once oil goes back up, which it will, things will be booming again.
This was probably a blessing, actually, as it allows Williston (New Town, Stanley, etc, ect) some time to catch back up!
Oil will definitely go back up, I agree. Not sure the boom will resume as quickly, for the reasons I mentioned above. I suspect prices will have to hit the $130-$140 a barrel range (and stay there for six-eight months) before fracking really takes off again.
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