Some North Dakota Oil News Resources
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Tag Archives: North Dakota Petroleum Council
North Dakota’s Oil Bust in the 1980s
For Christmas 1989, Jeff Meyer of the Associated Press wrote a summary of the state’s economy in the 1980s: Drought and low prices in the energy and farm sectors made the 1980s a decade of despair for some North Dakotans. … Continue reading
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Tagged 1980s North Dakota, Dickinson, North Dakota Petroleum Council, oil bust, Williston
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The North Dakota Oil Production Slump and Turnaround in the 1990s
Despite production growth in the Bakken formation around 1990, at that time North Dakota’s oil industry was in the midst of a 11-year decline, from 1984 through 1994. In March of ’94, the Associated Press reported: Despite lagging production, North … Continue reading