Booming Basin News

Double whammy hits state’s oil industry

December 31, 2014 Falling oil prices and state requirements to reduce flaring put a double whammy on North Dakota’s oil industry. more »»

Why oil is down by half, what it means for you

December 31, 2014 NEW YORK (AP) — The price of oil has fallen by nearly half in just six months, a surprising and steep plunge that has consumers cheering, producers howling and economists wringing their hands over... more »»

Global oil impact: Who’s hurting, happy, hopeful

December 31, 2014 NEW YORK (AP) — Oil’s plunge is spreading both pain and gain across the globe. The price of a barrel has fallen by about half since June, punishing the economies of some major exporters. more »»

ND oil patch employers struggle to stay staffed

December 31, 2014 WILLISTON (AP) — The advertisements in bar bathrooms across the oil patch aren’t likely to hawk drink specials or upcoming events. more »»