Read more stories about
North Dakota Business and Economic Development >>

MATR Sponsor:


MATR Supporters:

As the Bakken heats up again, Williston, North Dakota prepares for more growth

March 5, 2017View for printing

Even as the bottom fell out of the Bakken boom, Shawn Wenko saw good news in the economic statistics for Williston, America's fastest growing small city during the oil days.

True, more than 6,000 jobs had vanished along with the high oil prices in October 2014. That's when overproduction put more crude on the world's plate than it could possibly consume. The housing shortage, which had oilmen living in camper trailer villages and shipping container man camps, disappeared. The vacancy rate for apartments swelled to 40 percent. Restaurants experienced a 30 percent drop in business.

But something else happened, the oil workers who stayed started putting down roots, said Wenko, Williston's Economic Development executive director. Now the crude is making a comeback and Williston is ready to roll again.

By TOM LUTEY tlutey@billingsgazette.com

Full Story: http://billingsgazette.com/news/as-t ... 6b822b.html
No reader comments so far. Be the first to comment by clicking the button below.





Reprinted under the Fair Use doctrine of international copyright law. Full copyright retained by the original publication. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.


E-mail this page to a friend!