The New York Times reported earlier that plenty of jobs are available but there is no place to live. Man camps have been set up for some workers, people are living in campers, some locals are renting out rooms in their basements for $400 to $500 a month and mobile home lots are renting for up to $1,000 a month. Currently there are 109 oil rigs drilling in North Dakota and that number is expected to hit 150 this summer.
The population of Williston has ballooned to nearly 25,000 people up from around 12,000 in 2008. The Williston City webpage has a chart that shows 27 total living units permitted and built in 2003 up to a total of 1,373 in 2011. The value of the permitted construction projects in Williston in 2003 was around $15,790,000 and the value of construction projects in 2011 was $357,708,114. Call the Hill County Treasurer and find out how much the yearly tax on that much real estate would add to our coffers if you think this number is something to sneeze at.
From everything we have read it appears that North Dakota is set to be a boom area for the next couple of decades. Every single business in North Dakota is benefiting from this black-gold boom. The only business report we have ran across that is performing below par for the region is some of the banks. Apparently people with fists full of cash really don’t need to borrow any money.
Come on – let’s hear it.
WE DON’T WANT ANY OF THESE PROBLEMS IN MONTANA – etc, etc