affordable housing
Why Oil Workers Are Still Paying $600 To Live In A Closet
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Despite falling oil prices, rents are still sky high in North Dakota’s Bakken oilfield.
Inside Energy (https://insideenergy.org/tag/housing/)
Despite falling oil prices, rents are still sky high in North Dakota’s Bakken oilfield.
When hydraulic fracturing opened up thousands of natural gas wells around Pinedale in the mid-2000s, hundreds of energy workers descended upon the area — all looking for a place stay. The demand for housing was just too much for the area to handle.
Think of oil and gas towns and family-oriented probably doesn’t come to mind. They’re more likely to conjured images of transient workers, crime and RV parks. But plenty of oilfield workers do move to town with their families
Verne Waldner bought the Conoco Service Station in Wamsutter Wyoming back in 1973. There wasn’t much to the town then, and there still isn’t. Wamsutter sits off Interstate 80 and has a current population of just under 500. But Verne says that isolation has made his station an essential outpost for drivers passing through for decades.