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How The Boom-Bust Oil Cycle Is Playing Out In North Dakota

The shale oil bang captivated thousands of oil workers to North Dakota, promulgation a race of some tiny towns soaring. In response, communities built adult infrastructure projects — new wastewater facilities, schools, etc. But now they’re confronting hundreds of millions of dollars of debt that will take decades to compensate off, not to discuss continued doubt over either they’ve built too most as they watch a boom-bust cycle of a oil patch.