The Heritage Foundation Think Tank
A New Day for North Dakota
The recent boom of the Bakken oil fields—made possible by a perfect storm of sensible state regulations, hydraulic fracturing technology, and the fact that most drilling is taking place on private lands—has produced a whirlwind of economic growth in a formerly sleepy corner of northwest North Dakota. Recently, a team from The Heritage Foundation and the Institute for Energy Research (IER) traveled out West to see it for ourselves.
A New Day for North Dakota
The recent boom of the Bakken oil fields—made possible by a perfect storm of sensible state regulations, hydraulic fracturing technology, and the fact that most drilling is taking place on private lands—has produced a whirlwind of economic growth in a formerly sleepy corner of northwest North Dakota. Recently, a team from The Heritage Foundation and the Institute for Energy Research (IER) traveled out West to see it for ourselves.