The oil rigs in North Dakota are vanishing, a sign that the slide in oil prices is taking a big toll. There are now only 68 rigs operating in the state, down 65% in the past year, according to state figures. - Local News
Oil giveth, oil taketh away. Oil sayeth, "Fuk you!" Just ask Texas.
This time Raz is Right! Warden's company cutting 15% of U.S. employees by the end of the year, 75% of their U.S. onshore production is in ND.
On that topic one major company, Marathon Oil, let a huge number of mostly producer level people go over the last couple of months and yesterday they announced they were making further cuts and this time "even management will see reductions" Typical corporate mindsets get rid of those that actually produce and keep those worthless sax of chit that hinder their producing.