The us is now the Worlds Largest oil and gas producer in part because of whats happening here in north dakota where advances in fracking have unlocked crude oil in the bakken shale formation in the western part of the state. North dakota is now producing more than a Million Barrels of oil a day. Ten years ago there were fewer than 200 oilproducing wells in the bakken. Now there are more than 8,000. They call it boomtown usa this is where all the money is. Its crazy the amount of money you can make here. This rapid pace of development and the flood of workers coming here, has given north dakota the lowest Unemployment Rate in the us. But its also raised questions over the dangers of working in the oil fields. The more jobs you complete, the more money you make. The faster you complete them the faster you can get to the next job. Lets say i mean you take your time. If you be safe you are not i bet you could cut your pay in half. Fault lines spent six months investigating some of the risk
The us is now the Worlds Largest oil and gas producer in part because of whats happening here in north dakota where advances in fracking have unlocked crude oil in the bakken shale formation in the western part of the state. North dakota is now producing more than a Million Barrels of oil a day. Ten years ago there were fewer than 200 oilproducing wells in the bakken. Now there are more than 8,000. They call it boomtown usa this is where all the money is. Its crazy the amount of money you can make here. This rapid pace of development and the flood of workers coming here, has given north dakota the lowest Unemployment Rate in the us. But its also raised questions over the dangers of working in the oil fields. The more jobs you complete, the more money you make. The faster you complete them the faster you can get to the next job. Lets say i mean you take your time. If you be safe you are not i bet you could cut your pay in half. Fault lines spent six months investigating some of the risk
Those shares have been so volatile in the last several weeks. European equities, meantime, on news of this greek arrangement there, you do have red arrows mostly across the board, and perhaps not surprisingly, greece is the one thats getting the lift by 2. 25 . U. S. Equity futures at this hour . Well, after yesterdays big day breaking that sevenday losing streak, the dow would open lower by nearly 125 points. Here are the big stories were watching today. Greece and its lenders agreeing on bailout terms. A Greek Finance Ministry official tells cnbc there are still some minor details, but they wont affect the completion of the deal. The European Commission expected to comment on the deal at its midday briefing. On todays economic agenda, a few data points of of note for this datadriven fed. At 8 30 eastern, a first read on secondquarter productivity and costs, and then at 10 00, wholesale trade. As for earnings central, the consumer front and center this week. Among the Companies Set to
This rapid pace of development and the flood of workers coming here, has given north dakota the lowest Unemployment Rate in the us. But its also raised questions over the dangers of working in the oil fields. The more jobs you complete, the more money you make. The faster you complete them the faster you can get to the next job. Lets say i mean you take your time. If you be safe you are not i bet you could cut your pay in half. Fault lines spent six months investigating some of the risks in north dakotas oil fields and uncovered a dark side to the boom. A lot of these workers come to north dakota, get chewed up and go home to recover. I get calls from attorneys in other states all asking the same question. What in the hell is going on up there . Thousands of people from all over the country have been leaving home to seek work in the bakken. One of them was a former marine from hazel green alabama. Were in northern alabama to meet the family of dustin payne who after serving two tours i
Us. But its also raised questions over the dangers of working in the oil fields. The more jobs you complete, the more money you make. The faster you complete them the faster you can get to the next job. Lets say i mean you take your time. If you be safe you are not i bet you could cut your pay in half. Fault lines spent six months investigating some of the risks in north dakotas oil fields and uncovered a dark side to the boom. A lot of these workers come to north dakota, get chewed up and go home to recover. I get calls from attorneys in other states all asking the same question. What in the hell is going on up there . Thousands of people from all over the country have been leaving home to seek work in the bakken. One of them was a former marine from hazel green alabama. Were in northern alabama to meet the family of dustin payne who after serving two tours in the marines found a job as a welder in north dakota. Hi scotty . How are you doing sir . Im josh rushing with fault lines. How