Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

North Dakota Oil Boom Bringing Jobs, Wealth—and a Looming Humanitarian Crisis

 


Indian lands are thought to contain at least 10 percent of the energy reserves in the United States, and the Bakken formation in western North Dakota and eastern Montana is estimated to contain 18 billion to 25 billion barrels of oil. The number of oil wells in just a five-county area in northwest North Dakota has increased from 800 a few years ago to more than 6,000 today. The boom in natural gas has been just as dramatic—one company has already spent $2 billion to build two natural gas–processing sites there.

Read more:http://indiancountrytodaymedianetwork.com/2012/03/15/north-dakota-oil-boom-bringing-jobs-wealth%E2%80%94and-a-looming-humanitarian-crisis-103023 http://indiancountrytodaymedianetwork.com/2012/03/15/north-dakota-oil-boom-bringing-jobs-wealth%e2%80%94and-a-looming-humanitarian-crisis-103023#ixzz1pI8S6pei

 

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