North Dakota, a Portrait of an Oil Boom

Time: North Dakota’s oil boom has been called everything from the region’s equivalent of a gold rush, to its version of Silicon Valley. And it’s all thanks to a the Bakken formation, a 360 million year old shale tectonic plate sitting underneath much of the northwestern part of the state, which is thought to hold around 18 billion barrels of oil. But the good times have not come without a price: The state has run up against a serious shortage of housing for the thousands who have poured in looking for......

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