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A stretch of North Dakota highway watches oil 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 remain active today. The slowdown has taken its toll on all sectors of business, from the housing market to hotel occupancy. Inside Energy’s Emily Guerin reports.
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