You are here

Hints of US oil industry comeback in North Dakota

Shortage of workers for highly skilled positions in drilling and oil pump maintenance, among others
Monday, September 19, 2016 - 05:50

BT_20160919_KVOIL19CNLA_2498230.jpg
Oil industry consultant Monty Besler says If oil prices can be sustained in the US$50-60 per barrel range, "that starts to bring the outside money back in - the investment groups that were pouring money into the Bakken (shale formation) before".

Williston, North Dakota

IN the chilly air before dawn, a handful of men and women huddle in front of a small, one-storey building on the outskirts of Williston.

They are waiting for Command Center, a temporary work agency, to open.

Workers in this oil town in the US state of

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom