Oil boom… and oil bust

20 décembre 2012

Oil boom… and oil bust / Blake Clayton, Energy security, and climate, 19/12/2012

http://blogs.cfr.org/levi/2012/12/19/oil-boom-and-oil-bust/

A story on NPR yesterday morning, “The Downsides of Living in an Oil Boomtown,” had an interesting portrait of the economic effects of high oil prices and booming oil production on Williston, North Dakota. The frenzied pace of job creation has led to high wages but also high turnover. A leap in demand for local goods like housing has caused massive inflation in housing prices and day care services. A similar story could be told of many other rural communities in states like Pennsylvania and Texas where the ramp up in oil and gas drilling activity has been a sudden shock on an otherwise rather static business scene...


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Posté dans : Articles de blogs, éditos, commentaires, Thématique Energie

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