The Bakken Bust?

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In a very short time, the State of North Dakota surpassed Alaska as America's second-largest producer of oil. That was when the price was on the rise. Now it's on the decline.

ND_land-JStephenConn
Photo by J Stephen Conn

"For most of the past decade, North Dakota [was] the economic envy of every state in America." Now, it's in trouble because of something officials never expected: a severe drop in the price of oil. That's according to Jennifer Oldham, writing for Bloomberg.

Credits

Guest:
Jennifer Oldham - Bloomberg News - @jennoldham

Host:
Warren Olney

Producers:
Paul von Zielbauer, Christine Detz