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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe end of North Dakota’s oil boom is here
http://bakken.com/news/id/228609/end-north-dakotas-oil-boom/The Williston Herald is reporting that the Bakken Club, a business which made national headlines by operating as an exclusive, members only club in a tiny western North Dakota town, has fallen on tough times. The club has been evicted by its landlord for allegedly failing to pay rent. The clubs owners, for their part, claim the landlord wasnt keeping up the property they were renting.
Whatever the outcome, the struggles of the Bakken Club and its surreal business model relying on membership dues ranging as high as $25,000 per year are fraught with symbolism portending the end of North Dakotas oil boom.
The crazy times are over. What remains for North Dakotans is to find out what the new normal is in the after-boom era.
Its not like we didnt know this was coming. The states growth in tax revenues, while still up a robust 14 percent biennium to date (according to the latest OMB numbers), isnt exactly the boom of the last biennium.
Whatever the outcome, the struggles of the Bakken Club and its surreal business model relying on membership dues ranging as high as $25,000 per year are fraught with symbolism portending the end of North Dakotas oil boom.
The crazy times are over. What remains for North Dakotans is to find out what the new normal is in the after-boom era.
Its not like we didnt know this was coming. The states growth in tax revenues, while still up a robust 14 percent biennium to date (according to the latest OMB numbers), isnt exactly the boom of the last biennium.
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The end of North Dakota’s oil boom is here (Original Post)
Algernon Moncrieff
Dec 2014
OP
claim the landlord wasn’t keeping up the property they were renting. this is not a reason
belzabubba333
Dec 2014
#1
belzabubba333
(1,237 posts)1. claim the landlord wasn’t keeping up the property they were renting. this is not a reason
to not pay rent
Champion Jack
(5,378 posts)2. Couldn't happen to a nicer industry
CRASH BABY, CRASH!!
femmocrat
(28,394 posts)3. :woohoo:
Now let's get them out of Pennsylvania!
bemildred
(90,061 posts)4. Well, that didn't take long. nt