[Occupymendocino] They may have a model bank, but that's all they have.

[Mark Safron]

How The Oil Industry Bought And Trashed North Dakota
> While other states remain mired in the aftermath of the Great Recession, one state, thanks to the miracles of hydraulic fracturing and horizontal drilling, is experiencing an oil boom the likes of which hasn't been seen since Texas in the 1930's. Thousands of oil workers and investors now flock to North Dakota, whose rough western scrub, prairie and Badlands cover the enormous Bakken shale formation. Bakken oil has transformed North Dakota in five short years from the 6th largest oil producing state to the second. The state's wholly owned bank is now more profitable <http://www.nytimes.com/interactive/2014/11/23/us/north-dakota-oil-boom-downside.html> than Goldman Sachs.
> 
> Full story: http://www.dailykos.com/story/2014/11/23/1346877/-How-The-Oil-Industry-Bought-And-Trashed-North-Dakota?detail=email <http://www.dailykos.com/story/2014/11/23/1346877/-How-The-Oil-Industry-Bought-And-Trashed-North-Dakota?detail=email>
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