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Oil Boom Puts Strain On North Dakota Towns
December 2, 2011 /
The tough economy has taken its toll on most states, putting budgets deep in the red and putting people out of work.
But North Dakota has a low 3.5 percent unemployment rate and a state budget with a billion dollar surplus. That’s because of a major oil boom in the western part of the state, a discovery of at least 2 billion barrels to be gained by fracking — the controversial process of injecting fluid deep into underground rock formations to force the oil out.
by John McChesney
Full Story: http://www.npr.org/2011/12/02/142695152/oil-boom-puts-strain-on-north-dakota-towns
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