Oil is a big part of the North Dakota economy so an update on the industry drop during COVID and restart is a bit overdue.
I develop a rough estimate for oil industry revenue in North Dakota to show both the volatility, the progress, and the setbacks.
Two stories catching my eye this morning revolve around oil markets and the use of cell phone data to describe behavior.
There are many moving pieces in the economy, but oil in North Dakota represents a clear economic and budget issue for the state right now. I provide a first pass here.
I take a look at oil prices as part of the discussion on the radio today.