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A stretch of North Dakota highway witnesses oil’s boom and bust
Oil prices have been dropping since the industry’s boom in 2014, and with that decline comes economic uncertainty for oil towns like Dickinson, North Dakota. Over 180 rigs drilled at the nearby Bakken oil field two years ago; only 27…
Oil Prices Continue Slide as OPEC Agrees to Cut Production
Oil prices continued to slide Friday despite an agreement by OPEC members to cut production by 1.5 million barrels per day, in a new sign of the far-reaching fallout of the global financial crisis.
