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$70 a barrel oil – No Problem. Multifamily Project Moves Ahead in North Dakota Oilfield, Where Unemployment is only 2.8 Percent

WATFORD CITY, N.D., —  Silver Creek Apartments in the oil-rich Bakken Shale of North Dakota are being expanded. With energy exploration at warp speed, the unemployment rate in North Dakota is 2.8 percent, the lowest in the nation. Shortages of labor and work force housing have developed. The 10-acre Silver Creek site currently contains 44 completed modular studio apartments. Phased ... Read More »

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