The oil fields of North Dakota are going bust so I am told. Rough necks are bugging out for home and leaving the RV's they've been living in.
Research Links
- Becoming China: From Shale Malinvestment Boom To "We Are Overbuilt" Bust
- Google: TJ Autobody and Salvage
There may or may not be some housing deals to be had when this completely shakes out. It's only a matter of time before oil comes back. But how much time is anybodies guess.
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