bakkenboomorbust.com - bam-boom-bubble-bust-bump-bang
You Are On Search Bakken/North Dakota Real Estate Boom Or Bust Page

This Page's Layout Guide
 L to R - Top To Bottom
Building Permits Cumulative Permits

  Residential Units
For Sale
Commercial Units
For Sale
Bubbles
Minot
  $212 + Million In Debt
Dickinson
$113 + Million In Debt
Williston
$300 + Million In Debt
Bismarck
$222 + Million In Debt
Fargo
  $693 + Million In Debt

Mandan
$72 + Million In Debt

Watford City
$300 Million In Debt
Newtown Stanley Tioga Bottineau Kenmare
Belfield Bakken Bad Loans UVL Movers Study Big Debt Arresting The Decline Property Tax Viewer

Deja Vu - 1982 Coincident Index The Petro Dollar Cost Of Living Tax! How Much Debt ? ND Tax & Drug Gimmicks

“The problem with Socialism is that eventually you run out of other people's money.” Margaret Thatcher - Add Democracy To That!
"Moreover, if Nixon and his successors had maintained the promise that a dollar was worth 1/35th of an ounce of gold, a barrel of oil today would sell for less than $2.50." - The Petro Dollar
For If All This Crap About Energy Independence Was Correct The PetroDollar Would Be Flushed & The Dollar Reconnected To Gold Backing
And The USA Would Be A Net (Seller) Exporter Of Credit & Oil - Not A Net (Buyer) Importer Of Debt & Oil - The Petro Dollar


Cause it's a bittersweet symphony this life  Trying to make ends meet, you're a slave to the money then you die  I'll take you down the only road I've ever been down.
Bitter Sweet Symphony


UND Oil & Gas Workforce Assessment May 2016 - Page 137
65 % Living In Temporary Housing - 81% Do Not Want To Move To N.D. - 70% Because Of Price Risk On Housing (Gouging)

The Ultimate $62,000,000.00 Real Estate Investment (Scam) Right In North Dakota
If You Sense A Lack of Good Law Enforcement And A Sense Of Lawlessness - You Should - Your Not Alone - Murder - Drugs - Gangs - No Knocks
Search Bakken/ND - Crime - Law Enforcement Boom Or Bust Page   Awareness - Not Location Is Key To Self Preservation & Self Defense

As A Human & Or An Investor One Should Always Do Due Diligence To Protect Oneself - One Should Always Do Vetting Before Living Or Investing - Not Hype Crap
One Can Only Interpret The Unknown Right Hand Side Of The Chart By Gageing The Known Left Hand Side
- If you tell the truth, you don't have to remember anything. - Mark Twain

Return To Index Home Page - bakkenboomorbust.com

Building Permits
Return To Top Of Page

Source - hudser.org Source - US Census Bureau

hudser.org Is Forever Slow To Update Monthly & Annual Data - census.gov Is Updated Monthly For Most Locations - Some Locations Are Only Annual Numbers
All Numbers Are Actual Numbers From The Fed As The Final Reporting Data Source & Minor Tweaks As Updated

The Numbers From hudser.org & census.gov Speak Volumes
Like The Lady Said " Show Me A Chart & I'll Tell You The Story"

Bakken Single Family Permits - 2006 to Current - Oct. 1 - 2017
Years PEAK - Minot 2012 M - Williston 2011 W - Dickinson 2012 D - Bismarck 2013 B - Mandan 2012 M - Watford City 2014 W - Gross Total G

Years - With Five Year Average 2012 - 2016 - Ten Year 2007 - 2016

Bakken Multi Family Permits - 2006 to Current - Oct. 1 - 2017
Years PEAK - Minot 2013 M - Williston 2013 W - Dickinson 2012 D - Bismarck 2014 B - Mandan 2013 M - Watford City 2014 W - Gross Total G

Years - With Five Year Average 2012 - 2016 - Ten Year 2007 - 2016

Cumulative Building Permits
Return To Top Of Page

Bakken Single Family Permits - 2005 to Current - Oct. 1 - 2017
Cumulative Of - Minot - Williston - Dickinson - Bismarck - Mandan - Watford City
YOY 2013 - 2014 Down 29% - YOY 2014 - 2015 Up 8% - YOY 2015 - 2016 Down 52% - YOY 2016 - 2017 Down 33%
 YOY 2017 - 2018 Down 9%

Number Of Permits - Time Frame One Year Candles


Bakken Multi Family Permits - 2005 to Current - Oct. 1 - 2017
Cumulative Of - Minot - Williston - Dickinson - Bismarck - Mandan - Watford City
YOY 2013 - 2014 Down 1% - YOY 2014 - 2015 Up 7% - YOY 2015 - 2016 Down 68% - YOY 2016 - 2017 Down 77%
YOY 2017 - 2018 Down 100%
Number Of Permits - Time Frame One Year Candles


What Are Candlesticks
The Master Camarila Pivots Cam Calculator

Residential Units For Sale
Return To Top Of Page

Western Bakken Cities on realtor.com Units For Sale
Data Is From  realtor.com
12 Month Moving Average - Data Is City Limits
Data Is Updated Mid Month - Single Family - Condo - Townhouse - MFD Mobile Home
Minot - Bismarck - Williston - Dickinson - Fargo - Watford City
Permits Are Decreasing - Units For Sale Are Increasing - Sign Of A Bust Not A Boom

Fargo is Added To Give Reference In Comparison To The Number Of Properties For Sale In The Bakken Cities
Compared To A  Area With A Population Of Some 223,000 People
Fargo Population
2013 Census - Minot 46000 - Bismarck 67000 - Williston 20850 - Dickinson 26000 - Watford City 3000
“This is a temporary hurdle, and eventually (oil) prices go back up. It’s a question of when and how much and the rate,” he said.
“It’s not this sense that people are heading out the door.”  
ND To 800,000 by 2020 Kevin Iverson, manager of the North Dakota Census Office
Fargo Is Revised To 228,000 In This Story 
Continued Growth

Minot Population
73000
Bismarck Population
126000
Williston Population
32000
Dickinson Population
30000
Watford City Population
10000 

You Will Have To Select 1 More Filter To Choose Miles

Minot On
realtor.com
Bismarck On
realtor.com
Williston On
realtor.com
Dickinson On
realtor.com
Fargo On
realtor.com
Watford City On
realtor.com

Buyer Beware - FEMA (Bankrupt NFIP) Has Redrawn Flood Zones In Minot June 2017 - Minot Vanishing Minot Link - Insurance & FEMA
Minot M - Bismarck B - Williston W - Dickinson D - Fargo F - Watford City /   January 2015 - Is Kept As The Low Water Mark
Bismarck & Fargo Numbers Have Increased With The State Budget Deficit



12 Month Moving Average - Data Is 20 Miles Of Each City
Data Is Updated Mid Month - Single Family - Condo - Townhouse - MFD Mobile Home
Minot Plus 20 Miles - Bismarck Plus 20 Miles - Williston Plus 20 Miles - Dickinson Plus 20 Miles - Fargo Plus 20 Miles - Watford City Plus 20 Miles
Permits Are Decreasing - Units For Sale Are Increasing - Sign Of A Bust Not A Boom

Fargo is Added To Give Reference In Comparison To The Number Of Properties For Sale In The Bakken Cities
Compared To A  Area With A Population Of Some 223,000 People
Fargo Population
2013 Census - Minot 46000 - Bismarck 67000 - Williston 20850 - Dickinson 26000 - Watford City 3000

Buyer Beware - FEMA (Bankrupt NFIP) Has Redrawn Flood Zones In Minot June 2017 -  Minot Vanishing Minot Link - Insurance & FEMA
Minot M+20 - Bismarck B+20 - Williston W+20 - Dickinson D+20 - Fargo F+20 - Watford City W+20  /   January 2015 - Is Kept As The Low Water Mark
Bismarck & Fargo Numbers Have Increased With The State Budget Deficit


Commercial Units For Sale
Return To Top Of Page

12 Month Moving Average - Commercial Properties
Data Is From
loopnet.com - Data Is Updated Mid Month

Minot On loopnet.com

Bismarck On loopnet.com Williston On loopnet.com Dickinson On loopnet.com
Fargo On loopnet.com Grand Forks On loopnet.com Watford City On loopnet.com Mandan On loopnet.com

Buyer Beware - FEMA (Bankrupt NFIP) Has Redrawn Flood Zones In Minot June 2017 - Minot Vanishing Minot Link - Insurance & FEMA
Minot M - Bismarck B - Williston W - Dickinson D - Fargo F - Grand Forks G - Watford City W -  Mandan M



One Minot real estate agent had posted on his professional site that the Minot market has been correcting since 2012.
Prices are down 15 to 20 % across the board in the residential market. The rental market has been effected as well.
Hotel vacancies increased dramatically because of overbuilding and cooling demand.
A 15 to 20 % Price decline is a big decline. Those numbers were enough to send the housing bubble of the last decade into a downward spiral.

Bubbles - Walk Away
Return To Top Of Page

Real Estate Bubbles USA Housing Market Correction

The Greatest Bubble So Far

The Shale Bubble

Is Subprime Money In The Bakken

USDA Leads The Charge USDA Loan Program

Economic Bubble

Subprime Lending

Current Fed Delinquency Rate On Single Family Residental Mortgages
St.Louis Fed

When It All Fails -
Strategic Default

Walk Away Calculator
as cached on way back machine - youwalkaway.com
You Walk Away
as cached on way back machine - youwalkaway.com
What Was youwalkaway.com
Strategic Default

The 12 Months Of Default
xmas classic of the mortgage bust

If you have hard time understanding what happened in 2007 - 2008 & is still happening today with mortgages
watch the movie
"The Big Short" - The Banks went out of their way to screw you into a house & bet big to
screw you out of a house, for in the end the FED is the ultimate underwriter of all mortgages and they let this go on
 and still goes on. The FED purchased with fiat money - debt - from 2009 to 2014 $1.75 trillion in bad mortgage paper.
The Congress bailed out the banks and the FED bought their bad paper, What A Deal!

The FED


Capital Isn’t Exactly Flowing Freely Into Developing Bakken Communities,
Big Lenders Wary Of Following Oil Money To North Dakota


"Here’s a shocking statistic showing just how temporary the housing boom in western North Dakota may be.
Data about home-building permits suggests workers are still keen to rent apartments rather than invest in housing and settle down.
Only 20 permits were granted in Williston [for single-family homes] during the first five months of this year,
compared to permits  to build 482 apartment units,according to the city’s building department.
As recently as 2010 the number of home building permits in Williston, a city of about 16,000, far outpaced apartment permits."

 Is Bakken Housing Boom A Bubble
Is The Hotel Bubble Collasping Yet Statewide Assistance Is Needed

The sky is burnin' I believe my soul's on fire,
You are, I'm learning, the key to my desire.
The Sky Is Burning


Minot
Return To Top Of Page

The Ultimate $62,000,000.00 Real Estate Investment (Scam) Right In North Dakota
If You Sense A Lack of Good Law Enforcement And A Sense Of Lawlessness - You Should - Your Not Alone - Murder - Drugs - Gangs - No Knocks - Fraud
Search Bakken/ND - Crime - Law Enforcement Boom Or Bust Page  Awareness - Not Location Is Key To Self Preservation & Self Defense

Link To City Of Minot Building Permits - Minot Building Permits - MOM

The Real Fact - In the spring of 2011 the residents below these three dam's had no idea and were never told of the ticking time bomb of water above them.
 
They were in harm's way and a shit storm of  bureaucracy on both sides of the border left them to unmanaged volatility of the Souris River not seen since 1976
The Dam's Were Not Just Full - They Were At Dangerous Above Full Level's In April Of 2011- Vanishing Minot - Facts & Rumors
Buyer Beware - FEMA (Bankrupt NFIP) Has Redrawn Flood Zones In Minot June 2017 -
Vanishing Minot  - Insurance & FEMA 

Northern Lights Development
$11 Million In CDBG Monies
Parking Ramps & Debt
$
5.3 Million In CDBG Monies
Real Estate & Debt
$102 Million In New Debt 2010 - 2014
Vanishing Minot
Dams Full In 2011 - Still Full In 2017

"My Son, My Son, Walk Along The Mouse River North Of Minot, Walk In The Trees And Drink In The Spirit Of These Primeval Forest Lands
For Soon The Greed Of Man May Destroy Them Forever" - "If The City Folk Have Their Way The Valley Will Die"  - Orlin Hanson - Vanishing Minot - Dams Of Contention

In March 2011 This Is How Local Government Concerned Themselves With The Dams & Flooding
"NWS Hydrologist Allen Schlag made a power-point presentation at the Elmer Jesme Conference of Counties at the North Central Research and
Extension Center on Minot’s south edge on March 28, 2011. No one from Minot City Hall or Ward County government attended." - Vanishing Minot - Flashback - Minot Daily News


Minot On realtor.com Minot - Taxpayer City Debt
Population Slips
1100 Gone In One Year
Minot On loopnet.com

School District Deficit
Lookout Property Taxes
Intermodal Bankruptcy
3.2 to 17.1 Million In Taxpayer Money
Population Contraction
800 Gone In One Year
Sears Closing Minot Store

Fiscal Reality Check In A Pinch - Raise Taxes County Seeks Big Axe No Axe - Raise Taxes

No Raises - More Taxes
Yes Raises - More Taxes


To Save Money - They Could Turn Off The TV's Four Hour's A Day Instead Of Two - They Could Stop Cleaning The Windows On The Saudi Arabian Looking Airport - Great Tax Saving Design
  They Could Turn Off The Light's Costing $1296.00 A Day - They Could Stop Going to Conferences To Learn How To Save Money - They Could Stop Using The Taxpayers Paid For Vehicles For Personal Use 

Pay Cut's - Not Raise's - For City Director's
Cutting Cost's At The Minot Airport Mean's Turning Off All The TV's For Two Hour's. - What A Sacrifice - Airport Folly

$599,000.00 For Software To Tell You That Dam Operations Can Stop Flooding - Oh Dear Lord!
  This is what our tax leaders spend money on, no one managed the dams in 2010-2011 and tax leaders never even concerned themselves with flooding in the winter of 2010-2011.
One Billion & Fifty Million Dollars Later & It Is Just Now Figured Out That Dam Operations Can Stop Flooding - Bureaucrats & Good Old Boys -
Vanishing Minot
A First Grader Could Use The Charts & Graphs On Vanishing Minot & Tell You No One Managed The Dams - With The Visual Of A Full Bathtub A Pre Schooler Could Figure It Out - "Drain The Tub".
The $599,000.00 Tool - Worth A Rubber Nickel Of Common Sense

Ward County Tax Parcel Viewer - gis Minot Land Survey - Land Owners

Minot Has Either Stopped Publishing Permits Or Has Sold None Oct. 2017
Minot - Single - Multi - Demo - Family Building Permits

Number Of Permits 2005 To Current Sept. 1 - 2017 - With Five Year Average 2012 - 2016
Minot Is On Track To Demo More Single Family Homes Then New Ones That Are Built Two Years In A Row
Vanishing Minot
2016 - 2017 The First Years In 37 & 38 Years - No Apartments Are Built

NDRC Application March 6th 2015 Page 18 - States That 805 Homes Were Destroyed By The 2011 Flood 
Minot Has Not Seen A Increase In Single Family Homes Since 2011 -
Vanishing Minot
The City Is Looking To Buy Out Another 160 For The Illogical Enhanced Flood Control

Minot Single Family Permit Numbers From 1980 To 2014 - New Highest Number Was 136 Permits In 2005
The Previous High Was 133 In 1983 - The Bust Of The Last Oil Boom
Deja Vu - 1982

Minot Multi Family Permit Numbers From 1980 To 2014 - New Highest Number Was 468 Units In 2010
 
The Previous High Was 370 Units In 1983 - The Bust Of The Last Oil Boom Deja Vu - 1982

1980 to 2017 - 37 Year Total Annual Mean Average Is 285 Units - 1983 Bust to 2005 Boom - 22 Year Total Annual Mean Average Is 163 Units
2005 Boom to 2015 Bust - 11 Year Total Annual Mean Average Is 599 Units - Annual Over Build 314 to 436 Units
Minot Annual Numbers - 2000 - 2017
2000 - 2017 - Housing Unit Building Permits for: MINOT, ND (Ward County)  2005 Clean Water Act Changed 
Year
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
2014
2015
2016
2017
2018
2019
Total
Total  110 92 135 120 163 191 213 166 271 391 649 1071 1365 1296
719
252
47
51


7258
Single  64 59 66 68 69 136 107 110 143 155 181 450 544 245
185
121
47
51


2801
Multi 46 33 69 52 94 55 106 56 128 236 468 621 821 1,051
534
131
0
0


4457
Minot Annual Numbers - 1980 - 1999
1980 - 1999 - Housing Unit Building Permits for: MINOT, ND (Ward County)
Year
1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999
Total
Total  162 85 129 503 270 149 118 194 42 57 32 50 120 142 329 241 163 221 168 174
3349
Single  97 57 38 133 86 73 50 79 29 21 26 48 78 95 122 116 95 88 101 89
1521
 Multi  65 28 91 370 184 76 68 115 13 36 6 2 42 47 207 125 68 133 67 85
1828

Minot Single Multi Family Permits Combined - 2006 to Current - Sept. 1 - 2017
The Market Was Telling Already In 2013 There Was A Problem - Over Built & No Long Term Wannabe Residents / Home Buyers
No Renters - No Buyers - No Buyers - No Renters - No Stayers - No Players - The Gouging Chisel Has Turned
The Current Permit Count Of 2017 Goes Back To The Low Of 2016
2016 - 2017 The First Years In 37 & 38 Years - No Apartments Are Built
Number Of Permits - Time Frame One Year Candles


YOY 2012 - 2013 Single Family Down 65%  /  YOY 2013 - 2014 Single Family Down 24% 
YOY 2014 - 2015 Single Family Down 35%  /  YOY 2015 - 2016 Single Family Down 61%

YOY 2016 - 2017 - 8 Months Single Family Permits Up 19 Units

YOY 2012 - 2013 Multi Family Up 23%  /  YOY 2013 - 2014 Multi Family Down 49% 
 
YOY 2014 - 2015 Multi Family Down 75%  /  YOY 2015 - 2016 Multi Family Down 100%

YOY 2016 - 2017 - 8 Months Multi Family Permits Down 0 Units

See Cumulative Charts At Top Of Page For YOY Percentage Of Bakken Building Permits - The Numbers & Charts Pretty Much Tell The Story

Minot 2017
Housing Unit Building Permits for: MINOT, ND (Ward County)
Month
Year

Jan.
2017
Feb.
2017
Mar.
2017
Apr.
2017
May
2017
June
2017
July
2017
Aug.
2017
Sep.
2017
Oct.
2017
Nov.
2017
Dec.
2017
Total
2017
Total  0
2
3
10
22
4
7
3




51
Single
0
2
3
10
22
4
7
3




51
Multi
0
0
0
0
0
0
0
0




0
Look Back to Minot 2016
Housing Unit Building Permits for: MINOT, ND (Ward County)
Month
Year
Jan.
2016
Feb.
2016
Mar.
2016
Apr.
2016
May
2016
June
2016
July
2016
Aug.
2016
Sep.
2016
Oct.
2016
Nov.
2016
Dec.
2016
Total
2016
Total  1
1
0
10
3
6
4
7
8
4
3
0
47
Single 
1
1
0
10
3
6
4
7
8
4
3
0
47
Multi 
0
0
0
0
0
0
0
0
0
0
0
0
0

Minot Single Family Permits - 2006 to Current - Sept. 1 - 2017
Number Of Permits - Time Frame One Year Candles

Its Always About Money & Now Its Always About Money & Oil

Minot Multi Family Permits - 2006 to Current - Sept. 1 - 2017
Number Of Permits - Time Frame One Year Candles


Where the river is windin' big nuggets they're findin'  North to Alaska, go north, the rush is on  North to Alaska, go north, the rush is on
North To Alaska

Minot Hires A Planner - Planner Quits - Says Its A Nightmare Dysfunctional Situation
Planner Quits - City Manager Quits - Finance Director Quits - 2016
Search Imagine Minot - Parking Ramps & Debt
There Is Your Tax Dollar In The Garbage Can. Brand New Pipe Threw In The Garbage - 8-1-15
This Is Community Development Block Grant (Debt) Money - For Flood Victims - In The Garbage
& Minot Wants The Billion Dollar  -
National Disaster Resilience Competition Grant

$5.3 Million In CDBG Monies That Were Supposed To Benefit Flood Victims With Affordable Housing
  A Combined Total Of $10.4 Mil. So Far Of Taxpayer Debt
Now July 15 They Want $2.5 Mil. More To Float A Loan On The Backs Of The Taxpayer!
Apparently The Mayor & Finance Director Have Changed Their Minds
August 2016 - $24 Million Spent & Still Not Done
"You would be breaking your fiduciary duty to the citizens of Minot if you approved the guarantee,"
City finance director "Cindy Hemphill" told the council - January 2015

"I am very disappointed, but we have a responsibility to serve the people of Minot and protect their interests,"
Mayor "Chuck Barney" said. "If the city finance director and the assistant city attorney say that we are abandoning
 our fiduciary responsibility by agreeing to this with an unsecured note, that weighs heavily on my mind." January 2015

July 2015 - Now The Mayor Is Going to give Them The Money - Grand Total So Far $12.9 Million In Taxpayer Money
Everytime The Price Of Oil Pulls Back - Every time The "City Goes Deeper In The Rabbit Hole Ramps"
Everytime They Charge Assessments Years After The Fact On Streets & Developments

The Number Of Houses For Sale & Sitting Empty GOES UP

Number Of Single Family Residences For Sale 07/20/15 - 463 - Lets Watch As It Climbs Again - People Have Had Enough
 Number Of Single Family Residences For Sale 07/20/16 - 545
The Needs & No Common Sense Of The Few Out Weigh & Place The Burden On The Needs & Common Sense Of The Many
Minot On realtor.com
No Money For Flood Control - Or Affordable Housing - The Working Poor Can Live In There Cars In The Rabbit Hole Ramps

Minot Alderman Miller stated "The parking structures have been a disappointment thus far
 And they have become a standing joke in the community." 01/12/2015
Council member Bob Miller took Cypress to task for its request,
Calling it "utter audacity" and "an affront to this community." 02/25/2015


Where Is That Low Income - Moderate Income Housing ?


2017 - People Have Been Asking Whats With All The Empty Homes In Minot?

01/13/2017 - Of A Random Sampling On realtor.com of 105 Single Family Residences 55 Had No Furniture And Or Occupancy
The Sampling Only Looked At Viable Residences. No Flood Junk, No Junk Mobile Homes, No New Construction.


2015 - People Have Been Asking Whats With All The Empty Homes In Minot?

04/14/2015 - Of A Random Sampling On realtor.com of 105 Single Family Residences 38 Had No Furniture And Or Occupancy
The Sampling Only Looked At Viable Residences. No Flood Junk, No Junk Mobile Homes, No New Construction.
Minot Rent Prices Collapse ? 04/15/2015
"The city is located on the peripherals of the Bakken formation and was a former key player for oil and gas activity."

08/03/2015 - Of A Random Sampling On realtor.com of 105 Single Family Residences 45 Had No Furniture And Or Occupancy
The Sampling Only Looked At Viable Residences. No Flood Junk, No Junk Mobile Homes, No New Construction.


2015 - Minot Going To 100,000 People
"We're on the cusp of becoming a metropolitan planning organization for a community over 50,000 people," said Estvold. "

NDSU did a study that said in the near future we could have 70,000 people.
I'm embellishing a bit, but it's conceivable that we could be 100,000 fairly easily."

As Cached On Google
Allow It To Load
Minot 2015 Growth - Minot To Grow To 100,000
Read The Comments, Alot Of Folks Dont Embellish This Sentiment

2014 National Movers Study
United Van Lines Does Not Embellish This Either

Define Embellish = To make beautiful, as by ornamentation; decorate.To add ornamental or fictitious details to.
  A fanciful account that embellishes the true story.

None Of These Studies Ever Considered CAPEX Debt - Public Debt & Commodity Price - Real Good Studies

UND Oil & Gas Workforce Assessment May 2016 - Page 137
65 % Living In Temporary Housing - 81% Do Not Want To Move To N.D. - 70% Because Of Price Risk On Housing (Gouging)

NDSU - Another Fantasy Study
Employment & Population Projections In The Williston Basin - 09/2014

The 5 Year (Fantasy) Study - 10/2014
"The Minot region could see an employment potential of between 55,000 and 60,000. /
The Minot region could have a total population potential of around 123,500 at the end of 2014 and a total population potential of 137,000 in 2019. /
The Minot region could see a 12 percent increase  or by 6,430 units within the five-year time frame, according to the study.
The Private Game?
"Triplett supported the Berger Group’s proposal, saying it had better modeling capabilities and questioned whether lawmakers were being
 too provincial in choosing KLJ, which receives a majority of its business from the Bakken oil-producing region of western North Dakota."

The Taxpayers Paid $125,000.00 For a 215 Page Study With Some 50 Pages As Covers or Resources That Is A Whooping $581.00 A Page
Google Searches - Decline Rates - Capex, Debt, Hype & Some Charts and 1/3/5/10 Year Averages Would Have Given You A Better Guesstimate


KLJ Hired For Study The Private Game The Study

The 6 Year (Fantasy) Study - 01/2017
The Study Has Been All Over The Media, But You Cant Find The Study To Read It. & Of Course It's Done By Another Engineering Company
High Light's Of The Study -
Oil Will Be Trading At $70.00 A Barrel In 2020 - Is That For WTI Or Bakken ?
Population Will Grow From 2.8% to 5.7% Per Year - It Doesn't State If They Will Live In There Cars Or Buy A House
Watford City is projected to have a funding gap of $330 million by 2023. The gap is projected to be $181 million for Williston and $117 million
for Dickinson, the study showed. - A Funding Gap - Is That A Spin On The Debt They Choose To Indulge For Crap Never Needed?

Why is The Photo On The Application For The National Disaster Resilience Competition
Of Some Other Town, It Is Not Minot
NDRC Application March 6th 2015

Office Of The Inspector General CDBG Funds Audit - HUD
2011 - Flood Money Audit

2017 - June - Hold That Phone Some More - The State Water Commission Has Given Minot $6 Million Dollars
$838 Million Dollars Since 2011 & City Debt Has Increased By $212 Million
Total Received = $1,050,000,000.00 One Billion and 50 Million Dollars At a population of 50,000 That is $21,000.00 for every man, women and child in Minot


$1 Million Plus $5 Million From The County

2017 - April - Hold The Phone - The 2017 Legislature Just Gave Minot Another $193 Million - Minot Will Have To Increase Debt By $112 Million To Match Their Share
$832 Million Dollars Since 2011 & City Debt Has Increased By $212 Million
Total Received = $1,044,000,000.00 One Billion and 44 Million Dollars At a population of 50,000 That is $20,880.00 for every man, women and child in Minot
With The Intermodal Yard Bankruptcy & Parking Ramp Rabbit Holes At Least Another 25 to 35 Million In Taxpayer Debt


2016 - Minot Has Received Roughly $414 Million Dollars Since 2011 In Federal (Taxpayer Debt)  Plus Another $225 Million From The State Of ND
$639 Million Dollars Since 2011 & City Debt Has Increased By $100 Million
Total Received = $739 Million Dollars At a population of 50,000 That is $14,780.00 for every man, women and child in Minot
The City wants some 700 to 900 million for flood control - What happened to the $739 Million


State Money Awarded To Minot

Cost Share Agreement $225 Million From The State



Minot Received $340,403,493.00 - Three Hundred & Forty Million - In Less Then Four Years
+ The $74 Million Resilience Grant + $225 Million From The State
In That Time -
"Minot has replaced, repaired, and constructed 294 units of affordable housing with CDBG-DR funds" Which One Is It?
The Minot Housing Authority has developed 129 units of new affordable housing, and 35 more units are under construction. Page 3.
458 Units Divided By Gross Funds Is $1,156,462 Per Unit Or By Hud Funds Is $224,086 Per Unit
Phase 2 Application 10/2015

Page 68.
Two new parking garages are nearing completion, and 200 units of market rate,
And 50 units of affordable housing will be constructed above these parking structures.
Add On Another $74 Million From
HUD Resilience Grant
12-2015 - They Are No Where Near Completion & No Money To Finish Them
12-2016 - There Is No Apartments - Looks like Cypress Has Pulled The Plug - An Audit Is Called For
The Rabbit Hole

Apartment Group Says Minot's Rental Needs Are Met
Enough Already - 12/2015
as cached on google

Apartment Group Says Minot Has 1800 to 2000 Vacant Apartments
Oop's No Money Left For Low Income - 03/2016
as cached on google


The Ladies Look Fine Professional - Gentlemen Look At The Man Second From The Left - Then Go Get A Suit Or Have Your Suit Tailored
Jacket Is Closed Because It Fits - Jacket Length Is Correct - Sleeves Of Shirt Extend 1/2 to 3/4 Past Jacket Sleeve - Slacks Are Just Piled On The Shoe
So You See The Shoe - You Are There As A Executive Group Representing The Taxpayer On The Taxpayers Dime & You Dress Like Hell.
Norway 2015

Even Governor Jean's Has No Respect For Being the Executive Of The Taxpayer

Dickinson
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The Ultimate $62,000,000.00 Real Estate Investment (Scam) Right In North Dakota
If You Sense A Lack of Good Law Enforcement And A Sense Of Lawlessness - You Should - Your Not Alone - Murder - Drugs - Gangs - No Knocks - Fraud
Search Bakken/ND - Crime - Law Enforcement Boom Or Bust Page  Awareness - Not Location Is Key To Self Preservation & Self Defense

Link To City Of Dickinson Building Permits - Dickinson Building Permits - MOM

Dickinson On realtor.com
Dickinson - Taxpayer City Debt Dickinson On loopnet.com

Dickinson - Single - Multi - Family Building Permits
Number Of Permits 2005 To Current Oct. 1 - 2017 - With Five Year Average 2012 - 2016
For A Village That Averaged Over 300 Units For Sale Per Month For The Past 12 Month's - They Are Building More



Dickinson Single Family Permit Numbers From 1980 To 2014 - New Highest Number Was 628 Permits In 2012
The Previous High Was 219 In 1981 - The Bust Of The Last Oil Boom
Deja Vu - 1982

  Dickinson Multi Family Permit Numbers From 1980 To 2014 - New Highest Number Was 856 Units In 2012
The Previous High Was 321 Units In 1980 - The Bust Of The Last Oil Boom Deja Vu - 1982

1980 to 2017 - 37 Year Total Annual Mean Average Is 167 Units - 1983 Bust to 2005 Boom - 22 Year Total Annual Mean Average Is 163 Units
2005 Boom to 2015 Bust - 11 Year Total Annual Mean Average Is 361 Units - Annual Over Build 194 to 198 Units

Dickinson Annual Numbers - 2000 - 2017
2000 - 2017 - Housing Unit Building Permits for: DICKINSON, ND (Stark County)  2005 Clean Water Act Changed 
Year
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
2014
2015
2016
2017
2018 2019
Total
Total  33 53 53 75 76 143 98 91 100 104 308 307 1484 674
535
132
31
52


4349
Single 33 41 46 58 62 55 77 91 100 88 160 183 628 288
271
90
21
52


2344
Multi  0 12 7 17 14 88 21 0 0 16 148 124 856 386
264
42
10
0


2005
Dickinson Annual Numbers - 1980 - 1999
1980 - 1999 - Housing Unit Building Permits for: DICKINSON, ND (Stark County)
Year
1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999
Total
Total  530 514 335 92 57 24 14 12 16 4 2 7 12 14 17 62 38 85 74 34
1943
Single 209 219 193 86 48 24 8 12 8 4 2 7 12 14 17 16 38 48 42 34
1041
 Multi  321 295 142 6 9 0 6 0 8 0 0 0 0 0 0 46 0 37 32 0
902

Dickinson Single Multi Family Permits Combined - 2006 to Current - Oct. 1 - 2017
The Market Was Telling Already In 2013 There Was A Problem - Over Built & No Long Term Wannabe Residents / Home Buyers
No Renters - No Buyers - No Buyers - No Renters - No Stayers - No Players - The Gouging Chisel Has Turned
The Current Permit Count Of 2017 Goes Back To The Low Of 2016
Number Of Permits - Time Frame One Year Candles


YOY 2012 - 2013 Single Family Down 52%  /  YOY 2013 - 2014 Single Family Down 6% 
YOY 2014 - 2015 Single Family Down 67%  / 
YOY 2015 - 2016 Single Family Down 76%

YOY 2016 - 2017 - 9 Months Single Family Permits Up 36 Units

YOY 2012 - 2013 Multi Family Down 55%  /  YOY 2013 - 2014 Multi Family Down 33% 
YOY 2014 - 2015 Multi Family Down 84%  / 
YOY 2015 - 2016 Multi Family Down 76%

YOY 2016 - 2017 - 9 Months Multi Family Permits Down 10 Units

See Cumulative Charts At Top Of Page For YOY Percentage Of Bakken Building Permits - The Numbers & Charts Pretty Much Tell The Story

Dickinson 2017
Housing Unit Building Permits for: DICKINSON, ND (Stark County)
Month
Year

Jan.
2017
Feb.
2017
Mar.
2017
Apr.
2017
May
2017
June
2017
July
2017
Aug.
2017
Sep.
2017
Oct.
2017
Nov.
2017
Dec.
2017
Total
2017
Total  0
2
8
7
10
5
4
5
11



52
Single
0
2
8
7
10
5
4
5
11



52
Multi
0
0
0
0
0
0
0
0
0



0
Look Back to Dickinson 2016
Housing Unit Building Permits for: DICKINSON, ND (Stark County)
Month
Year
Jan.
2016
Feb.
2016
Mar.
2016
Apr.
2016
May
2016
June
2016
July
2016
Aug.
2016
Sep.
2016
Oct.
2016
Nov.
2016
Dec.
2016
Total
2016
Total 
0
0
4
0
11
3
2
3
3
2
1
2
31
Single
0
0
4
0
1
3
2
3
3
2
1
2
21
Multi 
0
0
0
0
10
0
0
0
0
0
0
0
10

Dickinson Single Family Permits - 2006 to Current - Oct. 1 - 2017
Number Of Permits - Time Frame One Year Candles


Dickinson Multi Family Permits - 2006 to Current - Oct. 1 - 2017
Number Of Permits - Time Frame One Year Candles


Im So Happy The Band's Doing Well  By The Way What's With The Hair  Is That Part Of The New Image
Hush Hush    Keep It Down Now Voices Carry    Hush Hush Keep It Down Now Voices Carry

Voices Carry

“By some estimates and I realize that these are very optimistic estimates, but by some estimates the Bakken may hold 30 billion barrels of recoverable oil,” Johnson said.
“At 1 million barrels per day that is 80 years of production.” Johnson compared Dickinson’s management of its growth due to oil
to that of a man falling from a 50-story building  who was asked at the 25th floor how it was going — he responded,
“So far, so good.” “Like the man falling from the building, we have a ways to go,” Johnson said.
Flashback - Johnson 2013

Johnson Resigns 2015
Citing SEC Conflict Over Knife River & City - Yet Alone He Is A Director With MDU
Dickinson Public Employee Pay
Not Considering Johnson Pay From MDU & TMI
According To findthecompany.com
Johnson Pay From MDU Is $179,000.00 A Year
Flashback 2011 - John Hoeven In Dickinson
Wants USA To Follow North Dakota Example

2016 - The Man Is Still Falling

MDU Sell's Refinery - June 2016
The $93 Million Dollar Debt Load - June 2016

2015 - Apparently That Man Is Still Falling Or Lost His Job
2015 - Dickinson Layoffs

2015 - Debt - Difficult To Find Real Numbers
2015 - Running Debt

2015 - Apartment vacancies an indication of the oil slowdown
2015 - People Leaving Dickinson


Flashback
Dickinson Going to 40000 People - 2012
Of Course The Hype Story Has Been Removed
"As of 2011, Dickinson's population is 16331. The population is expected to nearly triple to over 40,000 people within two years. "
Even if you put 3 people per unit, single family or apartment, you would need to permit 6666 units a year, for two years.
At 2013 numbers it will take 60 years
to build out 40000 people.
Amazing How They Took A Meeting & Hyped It Into 40,000 In Two Years - When It Was A Prediction For 2036
Dickinson Commission Meeting May 2012 - Page 1

Google Search


It is due to the 100 years ample supply of Bakken oil that Barons Group is in the Dickinson community
building a transforming infrastructure to be use there by the non stopping population growth of oil workers and associates…
God will surely bless and favors the Barons Group of Companies and all they do will prosper for His Glory! Amen.

Barons Company Man Spamming On peakoilbarrel.com - 2014
Someone Needs To Give Him The Link to hudser.org
January 2017 - The Barons Vista Is For Sale On Loopnet - Never Started

Barrons Group $300 Million - April 2014 $800 Million In North Dakota - July 2014

None Of These Studies Ever Considered CAPEX Debt - Public Debt & Commodity Price - Real Good Studies

UND Oil & Gas Workforce Assessment May 2016 - Page 137
65 % Living In Temporary Housing - 81% Do Not Want To Move To N.D. - 70% Because Of Price Risk On Housing (Gouging)

NDSU - Another Fantasy Study
Employment & Population Projections In The Williston Basin - 09/2014

The 5 Year (Fantasy) Study - 2014
"The Dickinson region could see a potential growth in employment to of 40,000 and 45,000. / The study also found the Dickinson region to have an estimated
population potential around 60,000 at the end of 2014 and a population potential in 2019 of around 77,000. / Housing growth in the Dickinson region
could increase by roughly 28 percent from 2014 to 2019, which translates into an increase in housing needs of about 9,500 units.
The Private Game?
"Triplett supported the Berger Group’s proposal, saying it had better modeling capabilities and questioned whether lawmakers were being
 too provincial in choosing KLJ, which receives a majority of its business from the Bakken oil-producing region of western North Dakota."

The Taxpayers Paid $125,000.00 For a 215 Page Study With Some 50 Pages As Covers or Resources That Is A Whooping $581.00 A Page
Google Searches - Decline Rates - Capex, Debt, Hype & Some Charts and 1/3/5/10 Year Averages Would Have Given You A Better Guestimate

KLJ Hired For Study The Private Game The Study

The 6 Year (Fantasy) Study - 01/2017
The Study Has Been All Over The Media, But You Cant Find The Study To Read It. & Of Course It's Done By Another Engineering Company
High Light's Of The Study -
Oil Will Be Trading At $70.00 A Barrel In 2020 - Is That For WTI Or Bakken ?
Population Will Grow From 2.8% to 5.7% Per Year - It Doesnt State If They Will Live In There Cars Or Buy A House
Watford City is projected to have a funding gap of $330 million by 2023. The gap is projected to be $181 million for Williston and $117 million
for Dickinson, the study showed. - A Funding Gap - Is That A Spin On The Debt They Choose To Indulge For Crap Never Needed?

The Dickinson Mafia ?

Ed Courton
Despite the seemingly slow growth, officials say 2014 was a year of infrastructure expansion that set the groundwork for what Courton previously predicted
would be  “our record year"  for new properties (and property taxes) in 2015.“The next two years are going to be above what we’ve had this year
and last year,” he told The Press in December of the city’s pent-up demand for new development.

2014 - Building Permits Down 2014 - The Year Of Expansion

Yet With All That Growth Ed Courton Has Left Dickinson For Ottumwa Iowa
Dickinson Search For New Planning Director Ottumwa Iowa

Not Much Growth There
Housing Unit Building Permits for: OTTUMWA, IA (Wapello County) - Annual Numbers Only
Year
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
2013 2014
2015
2016
Total  14 20 61 60 29 88 84 13 30 7 11 6 8
19 4
5

Single 
14 8 12 37 13 8 20 11 6 7 11 6 4
5
2
5

Multi 0 12 49 23 16 80 64 2 24 0 0 0 4
14
2
0


Williston
Return To Top Of Page

The Ultimate $62,000,000.00 Real Estate Investment (Scam) Right In North Dakota
If You Sense A Lack of Good Law Enforcement And A Sense Of Lawlessness - You Should - Your Not Alone - Murder - Drugs - Gangs - No Knocks - Fraud
Search Bakken/ND - Crime - Law Enforcement Boom Or Bust Page  Awareness - Not Location Is Key To Self Preservation & Self Defense

Link To City Of Williston Building Permits - Williston Building Permits - MOM

Williston On realtor.com Williston - Taxpayer City Debt Williston On loopnet.com

Williston $1 Billion Dollar
North Star Center
Over 2000 Residental Units
2.5 Million Sq. Feet Of Commercial

Williston $300 Million Dollar
New Airport Folly
No Secured Funds To Pay For It
But It's Being Built
Williston $500 Million Dollar
The Williston Crossing
Williston To Grow To 159,000 People
By 2024 "Tom Rolfstad"


 Williston - Single - Multi - Family Building Permits
Number Of Permits 2005 To Current Oct. 1 - 2017 - With Five Year Average 2012 - 2016



Williston Single Family Permit Numbers From 1980 To 2014 - New Highest Number Was 357 Permits In 2011
The Previous High Was 241 In 1980 - The Bust Of The Last Oil Boom
Deja Vu - 1982

Williston Multi Family Permit Numbers From 1980 To 2014 - New Highest Number Was 970 Units In 2011
The Previous High Was 361 Units In 1981 - The Bust Of The Last Oil Boom Deja Vu - 1982

 1980 to 2017 - 37 Year Total Annual Mean Average Is 251 Units - 1983 Bust to 2005 Boom - 22 Year Total Annual Mean Average Is 11 Units
2005 Boom to 2015 Bust - 11 Year Total Annual Mean Average Is 711 Units - Annual Over Build 460 to 700 Units

Williston Annual Numbers - 2000 - 2017
2000 - 2017 - Housing Unit Building Permits for: WILLISTON, ND (Williams County)  2005 Clean Water Act Changed 
Year
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
2014
2015
2016
2017
2018
2019
Total
Total  17 14 13 20 18 30 64 115 104 155 393 1327 1655 1660
1630
691
17
20


7943
Single  17 14 13 20 18 26 64 43 88 27 147 357 208 124
333
76
15
20


1610
Multi 0 0 0 0 0 4 0 72 16 128 246 970 1,447 1,536
1297
615
2
0


6334
Williston Annual Numbers - 1980 - 1999
1980 - 1999 - Housing Unit Building Permits for: WILLISTON, ND (Williams County)
Year
1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999
Total
Total  491 512 218 33 10 14 2 4 3 1 6 1 0 9 14 26 22 8 15 2
1391
Single 241 151 112 33 10 14 2 4 3 1 6 1 0 9 14 26 16 8 15 2
668
Multi  250 361 106 0 0 0 0 0 0 0 0 0 0 0 0 0 6 0 0 0
723

Williston Single Multi Family Permits Combined - 2006 to Current - Oct. 1 - 2017
The Market Was Telling Already In 2014 There Was A Problem - Over Built & No Long Term Wannabe Residents / Home Buyers
No Renters - No Buyers - No Buyers - No Renters - No Stayers - No Players - The Gouging Chisel Has Turned
The Current Permit Count Of 2017 Goes Back To The Low Of 2016
Number Of Permits - Time Frame One Year Candles


YOY 2012 - 2013 Single Family Down 40%  /  YOY 2013 - 2014 Single Family Up 63% 
YOY 2014 - 2015 Single Family Down 78%  /  YOY 2015 - 2016 Single Family Down 79%

YOY 2016 - 2017 - 9 Months Single Family Permits Up 5 Units

YOY 2012 - 2013 Multi Family Up 6%  /  YOY 2013 - 2014 Multi Family Down 15% 
  YOY 2014 - 2015 Multi Family Down 47%  / 
YOY 2015 - 2016 Multi Family Down 99.9%

YOY 2016 - 2017 - 9 Months Multi Family Permits Down 0 Units

See Cumulative Charts At Top Of Page For YOY Percentage Of Bakken Building Permits - The Numbers & Charts Pretty Much Tell The Story

Williston 2017
Housing Unit Building Permits for: WILLISTON, ND (Williams County)
Month
Year

Jan.
2017
Feb.
2017
Mar.
2017
Apr.
2017
May
2017
June
2017
July
2017
Aug.
2017
Sep.
2017
Oct.
2017
Nov.
2017
Dec.
2017
Total
2017
Total  0
0
0
2
2
2
2
1
11



20
Single
0
0
0
2
2
2
2
1
11



20
Multi
0
0
0
0
0
0
0
0
0



0
Look Back to Williston 2016
Housing Unit Building Permits for: WILLISTON, ND (Williams County)
Month
Year
Jan.
2016
Feb.
2016
Mar.
2016
Apr.
2016
May
2016
June
2016
July
2016
Aug.
2016
Sep.
2016
Oct.
2016
Nov.
2016
Dec.
2016
Total
2016
Total  0
0
1
2
2
2
1
0
2
6
0
1
17
Single
0
0
1
2
2
2
1
0
2
4
0
1
15
Multi
0
0
0
0
0
0
0
0
0
2
0
0
2

Williston Single Family Permits - 2006 to Current - Oct. 1 - 2017
That Chart Is What You Call A Cross - Recross - Vroooooooom - That Is Volatility

Number Of Permits - Time Frame One Year Candles


Williston Multi Family Permits - 2006 to Current - Oct. 1 - 2017
Cross - Recross & Down We Go - Vroooooooooooooooom
Number Of Permits - Time Frame One Year Candles


So I say  I say welcome, welcome to the boom town  Pick a habit We got plenty to go around  Welcome, welcome to the boom town
All that money makes such a succulent sound  Welcome to the boom town

Welcome To The Boom Town

2016 - 2017 - The Williston "Folly"

Moody's Rates Williston Bond's To Junk

How Williston Treat's, Treated People, Down And Out & People In General That Came For Work & Survival
Why are we killing the permanent investors so the man camps can continue to go?" said Tom Rolfstad,
Williston's retired economic development director who was asked to speak by private investors. "We can let the temporary stuff go to some other town or some other county."

Crony Capitalism

These are the same people who were charging sky-high rents at the peak of the oil boom when housing was in short supply.
 Rents which would have been much higher had the crew camps not been operating to supply demand.
"Cry Me A River"

Insider's & The Overnighter's

Gouging The Poor Gouging The Elderly

The Overnighter's Williston - Homeless & Transeient

“The message is, this is not the (Alaskan) North Slope. We have plenty of permanent housing here,”
Mayor Klug
Wasnt The Bakken To Be The Saudi Arabia Of North America ? It Never Came Close To Alaska Production! PEAK 1988 2,086,000  bbls a day

Man Camp Operators Fight Back The Bakken Isnt The North Slope ?

The Folly Of Temporary Business Apartment Bust In Williston

facebook-People Of Williston Federal Judge Rules Against The Folly


There At It Again

Big Oil Spurned - Read The Comments
They Came For Hard Work & Hard Money - Not To Fund The Local Folly

This Is How Were Going To Get To Energy Independence!


Here Is An Example Of Total Disconnect Of Reality
Williston Passes 2016 City Budget Of $211 Million Dollars - $65 Million More Then Guestimated Revenue


Here Is Another Example Of Total Disconnect Of Reality
The 75 gallon rule may work well for plant size, but if you have a whole lot of people unemployed and at home then they are flushing more often.
No haste makes for more waste.  Has someone totally lost their mind on this.  Only In Williston (SD) ND
No wonder no one knows the population, they think their in South Dakota!
Sewage Flow Becomes Williston's Oil Bust Indicator
Note The Source - Bottom Right Hand Corner - Williston South Dakota



Flashback

Mayor Questions If Boom Is Already Over Moody's Downgrade

$300 Million In Debt - “The state of North Dakota has enough money to make Williston whole right now.” Mayor Klug

Oh My CMBS Risk

Williston Public Employee Pay

None Of These Studies Ever Considered CAPEX Debt - Public Debt & Commodity Price - Real Good Studies

UND Oil & Gas Workforce Assessment May 2016 - Page 137
65 % Living In Temporary Housing - 81% Do Not Want To Move To N.D. - 70% Because Of Price Risk On Housing (Gouging)

NDSU - Another Fantasy Study
Employment & Population Projections In The Williston Basin - 09/2014

The 5 Year (Fantasy) Study - 2014
The Williston region could see a 2019 employment forecast of 65,000 and 70,000; /
The Williston region could have a total population potential around 97,000 at the end of 2014, /
The Williston region has potential to see a housing needs increase of more than 15,000 units from 2014 to 2019,
The Private Game?
"Triplett supported the Berger Group’s proposal, saying it had better modeling capabilities and questioned whether lawmakers were being
 too provincial in choosing KLJ, which receives a majority of its business from the Bakken oil-producing region of western North Dakota."

The Taxpayers Paid $125,000.00 For a 215 Page Study With Some 50 Pages As Covers or Resources That Is A Whooping $581.00 A Page
Google Searches - Decline Rates - Capex, Debt, Hype & Some Charts and 1/3/5/10 Year Averages Would Have Given You A Better Guestimate

KLJ Hired For Study The Private Game The Study

The 6 Year (Fantasy) Study - 01/2017
The Study Has Been All Over The Media, But You Cant Find The Study To Read It. & Of Course It's Done By Another Engineering Company
High Light's Of The Study -
Oil Will Be Trading At $70.00 A Barrel In 2020 - Is That For WTI Or Bakken ?
Population Will Grow From 2.8% to 5.7% Per Year - It Doesnt State If They Will Live In There Cars Or Buy A House
Watford City is projected to have a funding gap of $330 million by 2023. The gap is projected to be $181 million for Williston and $117 million
for Dickinson, the study showed. - A Funding Gap - Is That A Spin On The Debt They Choose To Indulge For Crap Never Needed?

Now In 2016 Lynn Helms Predicts 80,000 People In Williston By 2050
His Prediction's Are - "40,000 Oilfield Workers, Oil Supply Demand Rebalance 2016 - 2017, Oil Price To Virtually Double Overnight"
OK, That Would Be 4 People a Day Moving Into Williston For The Next 34 Year's
Oil Well Come Back With A Rush

 Deja Vu - The Williston Crossing
The area’s population is also growing at a swift pace – nearly nine percent per year through 2017 – and will continue to grow to 159,000 over the next 10 years.
Williston Area Population 2015 - 32000
 "140,000 more wells to be drilled" over 40 years" According to Rolfstad, ( at $8,000,000.00 a well that is 1.1 trillion dollars, without inflation)
At The Current Rig Count of 35 - 10/28/16 - At 24 Wells A Year Per Rig That Will Take 166 Years
  166 Years Times 4 People A Day Makes Williston's Population 242,360 In The Year 2182
140,000 More Wells

Actually Price Would Have To Double & Then Double Again
Bakken Sweet Crude Futures - Flint Hills Resources Futures - Years 2000 To 2017
Bakken Sweet Has Only Traded Above $60.00 - Four Of The Past Seventeen Years

Five Year Average
2012 to 2016 - Low $41.56 - High $73.89
Ten Year Average
2007 to 2016 - Low $39.19 - High $80.15
Fifthteen Year Average
2002 to 2016 - Low $34.40 - High $68.34

Bakken Sweet Crude Futures - Flint Hills Resources Futures - Years 2000 To 2017
Bakken Sweet Has Only Traded Above $60.00 - Four Of The Past Seventeen Years
Price Per BBL - Time Frame One Year Candles


As A Investor One Should Always Do Due Diligence To Protect Oneself.
One Can Only Interpret The Unknown Right Hand Side Of The Chart By Gageing The Known Left Hand Side

More Trouble In Paradise - Ray
The Finance Company Was A Fraud - You Start Building Without Secured Fund's - Sound's Like The Minot Parking Ramp's
Or The NDDG Ponzi Scheme - They Should Have Done A TIF Like Bismarck - Or CDBG Money Like Minot!


Sky Watch Inn Group
Hotel Cancelled North Star Finance LLC

Wouldn't You At Least Take Down Your Hype Videos

Rycal Investment Group
Hype - Building A City The ND Trip The Overview

The Old Truck Stop Repair To The East Is Closed & The Two Subdivisions Started During The Boom Are For Sale On loopnet.com

It Was A Qaint Little Burger - Dairy Treat Place

It Could Be Turned Into A Parking Ramp - Swimming Pool - Frack Water Storage Tank - Money Pit


Bismarck
Return To Top Of Page

The Ultimate $62,000,000.00 Real Estate Investment (Scam) Right In North Dakota
If You Sense A Lack of Good Law Enforcement And A Sense Of Lawlessness - You Should - Your Not Alone - Murder - Drugs - Gangs - No Knocks - Fraud
Search Bakken/ND - Crime - Law Enforcement Boom Or Bust Page  Awareness - Not Location Is Key To Self Preservation & Self Defense

Link To City Of Bismarck Building Permits - Bismarck Building Permits - MOM

Bismarck On realtor.com
Bismarck On loopnet.com

 Bismarck - Single - Multi - Family Building Permits
Number Of Permits 2005 To Current Oct. 1 - 2017 - With Five Year Average 2012 - 2016




1980 to 2017 - 37 Year Total Annual Mean Average Is 437 Units - 1983 Bust to 2005 Boom - 22 Year Total Annual Mean Average Is 360 Units
2005 Boom to 2015 Bust - 11 Year Total Annual Mean Average Is 547 Units - Annual Over Build 110 to 187 Units

Bismarck Annual Numbers - 2000 -2017
2000 - 2017 -  Housing Unit Building Permits for: BISMARCK, ND (Burleigh County) (Burleigh County Is Not Oil Producing)
Year
2000
2001
2002
2003
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
2014
2015
2016
2017
2018
2019
Total
Total  231
448
385
478
408 285 409 456 502 296 402 511
1227 1235
1134
664
465
277


9813
 Single
123
179
212
263
282 230 271 270 259 214 343 442
675 747
574
371
363
277


6095
Multi
108
269
173
215
126 55 138 186 243 82 59 69
552 488
560
293 102
0


3718
Bismarck Annual Numbers - 1980 - 1999
1980 - 1999 - Housing Unit Building Permits for: BISMARCK, ND (Burleigh County) (Burleigh County Is Not Oil Producing)
Year
1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999
Total
Total  392 125 161 872 376 139 144 192 162 312 299 360 402 411 596 305 250 452 428 261
6639
Single 144 60 93 291 169 92 87 138 130 163 180 197 239 252 238 132 164 136 163 140
3208
 Multi 248 65 68 581 207 47 57 54 32 149 119 163 163 159 358 173 86 316 265 121
3431

Bismarck Single Multi Family Permits Combined - 2006 to Current - Oct. 1 - 2017
The Market Was Telling Already In 2014 There Was A Problem - Over Built & No Long Term Wannabe Residents / Home Buyers
No Renters - No Buyers - No Buyers - No Renters - No Stayers - No Players - The Gouging Chisel Has Turned
The Current Permit Count Of 2017 Goes Back To The Low Of 2000
Number Of Permits - Time Frame One Year Candles


YOY 2012 - 2013 Single Family Up 10%  /  YOY 2013 - 2014 Single Family Down 24% 
 
YOY - 2014 - 2015 - Single Family Down 35%  /  YOY - 2015 - 2016 - Single Family Down 2%

YOY 2016 - 2017 - 9 Months Single Family Permits Down 86 Units
YOY 2012 - 2013 Multi Family Down 12%  /  YOY 2013 - 2014 Multi Family Up 13% 
 
YOY 2014 - 2015 Multi Family Down 48%  /  YOY 2015 - 2016 Multi Family Down 65%

YOY 2016 - 2017 - 9 Months Multi Family Permits Down 102 Units

See Cumulative Charts At Top Of Page For YOY Percentage Of Bakken Building Permits - The Numbers & Charts Pretty Much Tell The Story

Bismarck 2017
Housing Unit Building Permits for: BISMARCK, ND (Burleigh County)
Month
Year

Jan.
2017
Feb.
2017
Mar.
2017
Apr.
2017
May
2017
June
2017
July
2017
Aug.
2017
Sep.
2017
Oct.
2017
Nov.
2017
Dec.
2017
Total
2017
Total  1
5
16
44
34
58
63
22
34



277
Single
1
5
16
44
34
58
63
22
34



277
Multi
0
0
0
0
0
0
0
0
0



0
Look Back to Bismarck 2016
Housing Unit Building Permits for: BISMARCK, ND (Burleigh County)
Month
Year
Jan.
2016
Feb.
2016
Mar.
2016
Apr.
2016
May
2016
June
2016
July
2016
Aug.
2016
Sep.
2016
Oct.
2016
Nov.
2016
Dec.
2016
Total
2016
Total  9
5
39
69
70
77
67
51
49
14
10
0
465
Single
9
5
27
69
58
47
19
51 49
14
10
0
363
Multi
0
0
12
0 12
30
48
0
0
0
0
0
102

Bismarck Single Family Permits - 2006 to Current - Oct. 1 - 2017
Number Of Permits - Time Frame One Year Candles


Bismarck Multi Family Permits - 2006 to Current - Oct. 1 - 2017
Number Of Permits - Time Frame One Year Candles


Local Group Wants To Recall Bismarck Mayor
"Since taking office, Mayor Seminary has lead Bismarck down a regressive path. He's showed a great deal of ineptitude in dealing with Bismarck finances,
a lack of communication and total disregard with citizens wishes and a disconnect with citizens' values, priorities and visions of Bismarck as the
state capitol and thriving city in the heart of North Dakota. It's time to return Bismarck back to a path by which it can remain prosperous and thriving."

Even The State Litter Box Is Feeling The Pinch Of  Run Away Spending & Good Old Boys
What Would You Expect - The Current Mayor Is A Employ Of A Engineering Firm
This Is As Messed Up As Minot & There Runaway Debt Boondoggle - Whatever  Happened To North Dakota?
Perhaps It Is Correct - The Great Society Has Slipped Into
Diabolical Narcissism

Bismarck Mayor To Be Recalled

Local Group Wants Mayor Recalled
Better Bismarck

betterleadership4abetterbismarck.com
facebook-better leadership 4 a better bismarck

bismarckboondoggle.com
$35 Million In Corporate Welfare facebook-stopthetaxmadness

facebook-nobismarcktax facebook-mikeseminarytruth

nobismarcktax.com

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Priorities

Bismarcks Need For More Taxes
Mike Seminary mikeseminary.com

Five South Bismarck - Bismarck Futures LLC
Bismarck Industries Inc. - Cardon Development Group

This Is A $400 Million Dollar Project & EDGAR Shows Two Offerings That Raised $1,250,000.00
While The Taxpayers Are On The Hook For A $35 Million Dollar TIF - Just Like The
Minot Parking Ramps
The TIF

As Of June 29th 2017 - The Project Is Off - Not To Be Built - More Hype - No CAPEX
Now Maybe Bismarck Can Fix Their Streets Or Some Stupid Idea Like Reducing Taxes

Five South - Goes South

Five South Bismarck facebook-fivesouth

fivesouthbismarck.com
Bismarck Futures LLC Bismarck Futures LLC Filings EDGAR

No To Five South
Exclusive Five South Rising Cardon Development Group

The Hotel Is To Be Built
Bismarck Industries Inc Don Cardon



“The business owners and CEOs supporting Bismarck Futures and Five South are your neighbors.
We see you in the grocery store, build homes in the community and provide electricity. We even deliver beer to your local watering hole.
There’s no hidden agenda or scheme to make a fortune on the backs of taxpayers. However, there’s a dream that our children will look back
 In 20 years and acknowledge the vision of our generation in moving Bismarck forward and creating an exciting place to live and raise our children.”
 - Bismarck Tribune May 10, 2015
There Is No Upside To This Project - It Will Destroy All The Other Businesses That Already Serve The Need
It's Not Like Your Building A APPLE or Freightliner Factory For Job's - & It Is Not Phoenix or Orlando

Debt On The Taxpayers



Steel rails and hard lives  Are always in two's  I have been here before this  And now it's with you
Runaway Train

Fargo - The Go To Place For Low Income
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The Ultimate $62,000,000.00 Real Estate Investment (Scam) Right In North Dakota
If You Sense A Lack of Good Law Enforcement And A Sense Of Lawlessness - You Should - Your Not Alone - Murder - Drugs - Gangs - No Knocks - Fraud
Search Bakken/ND - Crime - Law Enforcement Boom Or Bust Page  Awareness - Not Location Is Key To Self Preservation & Self Defense

Fargo On realtor.com
Fargo On loopnet.com

If You Really Look At Fargo & Spend Some Time Downtown You Begin To See A City Of Low Income
A Very Nice City Of Low Income - These Beautiful Buildings Full Of Low Income Residents

The Go To Place For Poor & Low Income

If Your Poor & Low Income Move To Fargo
Demographics Of Low Income In Fargo

Ratio Of Single Family To Apartments
Number Of Low Income In Fargo Low Income Housing In Fargo

Low Income Housing In Fargo - Images

Downtown Fargo - Images
Downtown Fargo Low Income Housing - Images

Downtown Fargo Low Income Housing
downtownfargo.com
Lovely Downtown - Real Capitial Investment
Over 400 Hundred Restaurants & Eateries
Seems To Be The Economic Engine For Low Income In Fargo

1980 to 2017 - 37 Year Total Annual Mean Average Is 990 Units - 1983 Bust to 2005 Boom - 22 Year Total Annual Mean Average Is 997 Units
2005 Boom to 2015 Bust - 11 Year Total Annual Mean Average Is 1145 Units - Annual Over Build 155 to 148 Units
Not A Drastic Average To Absorb For The Go To Low Income Leader
Even Fargo Is Feeling The Bust - Annual Numbers - 2000 - 2017
2000 - 2017 - Housing Unit Building Permits for: FARGO, ND (Cass County) (Cass County Is Not Oil Producing)
Year
2000
2001
2002
2003
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
2014
2015
2016
2017
2018
2019
Total
Total  854
932
1220
981
975 900 853 984 629 1084 831 966 1097 1655
2170
1428
1333
789


19627
Single
304
327
401
455
441 491 470 447 404 353 334 283 403 509
377
526
474
261


7238
 Multi
550
605
819
526
534 409 383 537 225 731 497 683 694 1,146
1,793
902
859
528


12389
Fargo Annual Numbers - 1980 - 1999
1980 - 1999 - Housing Unit Building Permits for: FARGO, ND (Cass County) (Cass County Is Not Oil Producing)
Year
1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999
Total
Total  277 110 373 1122 1043 1149 633 671 768 1195 717 1021 1061 1253 1255 1247 918 972 1081 867
17733
Single 207 46 68 247 220 186 273 217 242 238 232 267 374 450 357 385 406 242 407 384
5448
Multi 70 64 305 875 823 963 360 454 526 957 485 754 687 803 898 862 512 730 674 483
12285

UND Oil & Gas Workforce Assessment May 2016 - Page 137
65 % Living In Temporary Housing - 81% Do Not Want To Move To N.D. - 70% Because Of Price Risk On Housing (Gouging)

Fargo - Single - Multi - Family Building Permits Combined - 2006 to Current - Sept. 1 - 2017
The Market Was Telling Already In 2015 There Was A Problem - The Low Income Leader Is Feeling The Bust
The Current Permit Count Of 2017 Goes Back To The Low Of 2008
Number Of Permits - Time Frame One Year Candles


Fargo 2017
Housing Unit Building Permits for: FARGO, ND (Cass County)
Month
Year

Jan.
2017
Feb.
2017
Mar.
2017
Apr.
2017
May
2017
June
2017
July
2017
Aug.
2017
Sep.
2017
Oct.
2017
Nov.
2017
Dec.
2017
Total
2017
Total  0
69
29
206
191
50
100
144




789
Single
0
3
29
62
53
50
28
36




261
Multi
0
66
0
144
138
0
72
108




528
Look Back to Fargo 2016
Housing Unit Building Permits for: FARGO, ND (Cass County)
Month
Year
Jan.
2016
Feb.
2016
Mar.
2016
Apr.
2016
May
2016
June
2016
July
2016
Aug.
2016
Sep.
2016
Oct.
2016
Nov.
2016
Dec.
2016
Total
2016
Total  5
122
41
95
170
53
252
98
223
211
54
9
1333
Single
5
5
41
79
77
53
34
32
36
81
22
9
474
Multi
0
117
0
16
93
0
218
66
187
130
32
0
859

Mandan
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The Ultimate $62,000,000.00 Real Estate Investment (Scam) Right In North Dakota
If You Sense A Lack of Good Law Enforcement And A Sense Of Lawlessness - You Should - Your Not Alone - Murder - Drugs - Gangs - No Knocks - Fraud
Search Bakken/ND - Crime - Law Enforcement Boom Or Bust Page  Awareness - Not Location Is Key To Self Preservation & Self Defense

Link To City Of Mandan Building Permits - Mandan Building Permits - MOM

Mandan On realtor.com
Mandan - Taxpayer City Debt Mandan On loopnet.com

Mandan - Single - Multi - Family Building Permits
Number Of Permits 2005 To Current Oct. 1 - 2017 - With Five Year Average 2012 - 2016



1980 to 2017 - 37 Year Total Annual Mean Average Is 140 Units - 1983 Bust to 2005 Boom - 22 Year Total Annual Mean Average Is 82 Units
2005 Boom to 2015 Bust - 11 Year Total Annual Mean Average Is 270 Units - Annual Over Build 130 to 188 Units

Mandan Annual Numbers - 2000 - 2017

2000 - 2017 - Housing Unit Building Permits for: MANDAN, ND (Morton County) (Morton County Is Not Oil Producing)
Year
2000
2001
2002
2003
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
2014
2015
2016
2017
2018
2019
Total
Total  70
79
183
166
173 160 280 246 116 62 100 224 478 635
448
223
248
127


4018
 Single
62
59
79
110
107 114 148 194 104 62 75 85 272 234
129
110
123
127


2194
 Multi
8
20
104
56
66 46 132 52 12 0 25 139 206 401
319
113 125
0


1824
Mandan Annual Numbers - 1980 - 1999
1980 - 1999 - Housing Unit Building Permits for: MANDAN, ND (Morton County) (Morton County Is Not Oil Producing)
Year
1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999
Total
Total  101 29 14 62 47 23 6 52 13 26 53 72 100 77 117 82 105 81 109 108
1277
Single 37 29 14 35 33 12 6 21 13 22 53 56 88 65 113 78 75 53 69 60
932
Multi 64 0 0 27 14 11 0 31 0 4 0 16 12 12 4 4 30 28 40 48
345

 Mandan Single Multi Family Permits Combined - 2006 to Current - Oct. 1 - 2017
The Market Was Telling Already In 2014 There Was A Problem - Over Built & No Long Term Wannabe Residents / Home Buyers
No Renters - No Buyers - No Buyers - No Renters - No Stayers - No Players - The Gouging Chisel Has Turned
The Current Permit Count Of 2017 Goes Back To The Low Of 2010
Number Of Permits - Time Frame One Year Candles


YOY 2012 - 2013 Single Family Down 14%  /  YOY 2013 - 2014 Single Family Down 46% 
YOY 2014 - 2015 - Single Family Up 1%  /  YOY 2015 - 2016 Single Family Down 11%

YOY 2016 - 2017 - 9 Months Single Family Permits Up 4 Units

YOY 2012 - 2013 Multi Family Up 39%  YOY 2013 - 2014 Multi Family Down 12% 
 
YOY 2014 - 2015 - Multi Family Down 68%  /  YOY 2016 - 2017 Multi Family Down 11%

YOY 2016 - 2017 - 9 Months Multi Family Permits Down 125 Units

See Cumulative Charts At Top Of Page For YOY Percentage Of Bakken Building Permits - The Numbers & Charts Pretty Much Tell The Story

Mandan 2017
Housing Unit Building Permits for: MANDAN, ND (Morton County)
Month
Year

Jan.
2017
Feb.
2017
Mar.
2017
Apr.
2017
May
2017
June
2017
July
2017
Aug.
2017
Sep.
2017
Oct.
2017
Nov.
2017
Dec.
2017
Total
2017
Total  0
6
4
8
11
13
46
13
26



127
Single
0
6
4
8
11
13
46
13
26



127
Multi
0
0
0
0
0
0
0
0
0



0
Look Back to Mandan 2016
Housing Unit Building Permits for: MANDAN, ND (Morton County)
Month
Year
Jan.
2016
Feb.
2016
Mar.
2016
Apr.
2016
May
2016
June
2016
July
2016
Aug.
2016
Sep.
2016
Oct.
2016
Nov.
2016
Dec.
2016
Total
2016
Total  0
2
14
30
67
20
60
7
14
29
5
0
248
Single
0
2
8
12
13
20
13
7
14
29
5
0
123
Multi
0
0
6
18
54
0
47
0
0
0
0
0
125

Mandan Single Family Permits - 2006 to Current - Oct. 1 - 2017
Number Of Permits - Time Frame One Year Candles


Mandan Multi Family Permits - 2006 to Current - Oct. 1 - 2017
Number Of Permits - Time Frame One Year Candles


Watford City
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The Ultimate $62,000,000.00 Real Estate Investment (Scam) Right In North Dakota
If You Sense A Lack of Good Law Enforcement And A Sense Of Lawlessness - You Should - Your Not Alone - Murder - Drugs - Gangs - No Knocks - Fraud
Search Bakken/ND - Crime - Law Enforcement Boom Or Bust Page  Awareness - Not Location Is Key To Self Preservation & Self Defense

Link To Watford City Building Permits - Watford City Building Permits - MOM

Watford City On realtor.com
Watford City - Taxpayer City Debt Watford City On loopnet.com

 Watford City - Single - Multi - Family Building Permits
Number Of Permits 2005 To Current Oct. 1 - 2017 - With Five Year Average 2012 - 2016




Watford City Single Family Permit Numbers From 1980 To 2014 - New Highest Number Was 25 Permits In 2011
The Previous High Was 16 In 1981 - The Bust Of The Last Oil Boom
Deja Vu - 1982

Watford City Multi Family Permit Numbers From 1980 To 2014 - New Highest Number Was 126 Units In 2011
The Previous High Was 36 Units In 1981 - The Bust Of The Last Oil Boom Deja Vu - 1982

1980 to 2017 - 37 Year Total Annual Mean Average Is 75 Units - 1983 Bust to 2005 Boom - 22 Year Total Annual Mean Average Is 36 Units
2005 Boom to 2015 Bust - 11 Year Total Annual Mean Average Is 240 Units - Annual Over Build 165 to 204 Units

Watford City Annual Numbers - 2000 - 2017

  2000 - 2017 - Housing Unit Building Permits for: WATFORD CITY, ND (McKenzie County)  2005 Clean Water Act Changed
Year
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
2014
2015
2016
2017
2018
2019
Total
Total  0 0 0 2 1 1 8 2 0 32 36 151 232 193
1692
290
88
0


2728
Single 0 0 0 2 1 1 8 2 0 8 8 25 40 33
309
99
11
0


547
Multi 0 0 0 0 0 0 0 0 0 24 28 126 192 160
1383
191
77
0


2181
Watford City Annual Numbers - 1980 - 1999
1980 - 1999 - Housing Unit Building Permits for: WATFORD CITY, ND (McKenzie County)
Year
1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999
Total
Total  12 52 19 4 5 1 2 0 0 0 1 0 0 0 0 0 0 2 0 18
116
Single 12 16 10 4 5 1 2 0 0 0 1 0 0 0 0 0 0 2 0 2
55
Multi 0 36 9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16
61

Watford City Single Multi Family Permits Combined - 2006 to Current - Oct. 1 - 2017
The Market Was Telling Already In 2015 There Was A Problem - Over Built & No Long Term Wannabe Residents / Home Buyers
No Renters - No Buyers - No Buyers - No Renters - No Stayers - No Players - The Gouging Chisel Has Turned
The Current Permit Count Of 2017 Goes Back To The Low Of 2008
Number Of Permits - Time Frame One Year Candles


YOY 2012 - 2013 Single Family Up 18%  /  YOY 2013 - 2014 Single Family Up 89% 
YOY 2014 - 2015 - Single Family Down 68%  / 
YOY 2016 - 2017 - Single Family Down 89%

YOY 2016 - 2017 - 9 Months Single Family Permits Down 9 Units

YOY 2012 - 2013 Multi Family Down 17%  YOY 2013 - 2014 Multi Family Up 86% 
 
YOY 2014 - 2015 - Multi Family Down 86%  /  YOY 2016 - 2017 - Multi Family Down 100%

YOY 2016 - 2017 - 9 Months Multi Family Permits Down 0 Units

See Cumulative Charts At Top Of Page For YOY Percentage Of Bakken Building Permits - The Numbers & Charts Pretty Much Tell The Story

Watford City 2017
Housing Unit Building Permits for: WATFORD CITY, ND (McKenzie County)
Month
Year

Jan.
2017
Feb.
2017
Mar.
2017
Apr.
2017
May
2017
June
2017
July
2017
Aug.
2017
Sep.
2017
Oct.
2017
Nov.
2017
Dec.
2017
Total
2017
Total  0
0
0
0
0
0
0
0
0



0
Single
0
0
0
0
0
0
0
0
0



0
Multi
0
0
0
0
0
0
0
0
0



0
Look Back To Watford City 2016
Housing Unit Building Permits for: WATFORD CITY, ND (McKenzie County)
Month
Year

Jan.
2016
Feb.
2016
Mar.
2016
Apr.
2016
May
2016
June
2016
July
2016
Aug.
2016
Sep.
2016
Oct.
2016
Nov.
2016
Dec.
2016
Total
2016
Total  6
0
0
2
0
0
1
0
0
2
0
0
88
Single
6
0
0
2
0
0
1
0
0
2
0
0
11
Multi
0
0
0
0
0
0
0
0
0
0
0
77
77

Watford City Single Family Permits - 2006 to Current - Oct. 1 - 2017
Number Of Permits - Time Frame One Year Candles


Watford City Multi Family Permits - 2006 to Current - Oct. 1 - 2017
Number Of Permits - Time Frame One Year Candles


Watford City Wants To "Hype" Being  A Big City - It Can Compare Itself To The Other Bakken Cities
With There Whopping 2014 Numbers & Massive Public Spending It Can Only Get Bigger!

 “The people need to go sit on the Health Department and Governor’s steps and
Raise their voices so it is never given the opportunity to be approved! Kathy Skarda, McKenzie County Commissioner
Radioactive Waste Landfill In County Raises Concerns 03/2016
Why Should This Be Of Concern Now - Radioactive Sand, Garbage & Biocide Laced Water Have Been Being Buried In ND For Years

Hydraulic Fracking - Going To Far
Hidden Beneath The Ground - Biocides
The Dark Side Of Fracking In ND The Game Changer Of Shale (Tight) Oil
Its The Water! Yes Water With Biocides

“Tons of cancer-causing radioactive waste has been dumped in western North Dakota,” stated Dorgan.
 “It’s in the water we drink, the air you breathe, and the food you eat.” - Darrel Dorgan - ND Energy Industry Waste Coalition
He Is Spot On - Until You Live It - Breathe It - See It - Work With It - You Cant Believe It

ND Energy Industry Waste Coalition Left Wing Environmental Groups In ND

ND - A Superfund Site ? The Minot Landfill Is Was Or Still Is A Superfund Site

"This lag time is driving me nuts," said Brent Sanford, Watford City's Mayor, "I'm now hearing words like, 'This isn't sustainable." 09/30/2015
Real Estate Crisis - Across The Tight Oil Town's
The Debt of Watford City Is Incorrect In The Story - Try 300 Million


Watford City - These Two Stories Pop Up 04/14/2015
Hospital Bids To High - Property Taxes Going Up

We’re not investing additional dollars out there.—Shane Bauer, president of the First Bank of Baldwin in Wisconsin
The Watford City Swell

 "In 2013, the city issued permits for 34 single family homes, and then issued four times that amount in 2014, to build 147 single family homes.
 In 2013, permits were issued to build 12 duplexes, and that number increased 15 times in 2014, in which the city issued permits to build 177 duplexes.
Lastly, in 2013, the city issued permits for apartment buildings that provided 89 total apartment units.
In 2014, that number steeply grew from 89 units to 1,152 total apartment units."
Watford City 2014 - Building Boom

Watford City $104 Million Dollar Budget

In Watford City A Water Park Is Critical Infrastructure
Watford City Mayor Brent Sanford
“This is as critical as pipes and streets,” Sanford said.
“If you don’t have it all, your community is not whole and you’re not a desirable place to live.”
In Reality If You Dont Have Jobs, Real Long Term Jobs Your Community Is Not Whole Or Desirable To Live
Where The Needs Of The Few Put The Bill On The Needs Of The Many

Brent Sanford Critical Infrastructure


Watford City Mayor Brent Sanford "Falling Oil Prices Are A Blip In The Road
Sanford said 30 to 40 percent of students in the community still live in campers.
Bakken Worker Critical Infrastructure


Watford City 2015 - $101 Million Dollar Event Center


From 2010 to 2015, Watford City has borrowed more than $300 million for projects that include a $54 million high school;
a $92 million community events center; a $30 million wastewater plant; a $27 million special improvements district;
a $58 million hospital and clinic; a $50 million county law enforcement center; a $10 million apartment complex; and a $5 million day care center.
—Brent Sanford, mayor, Watford City
The Bakken Mood 09/2015

Total overall infrastructure needs for Watford City are estimated to be $345 million. Of that amount, $214.3 million is needed for transportation,
$77.9 million for wastewater, $22.4 million for water, $23.4 million for the airport, and $7 million for public facilities.
Not Much Of A Slowdown 09/2015

According to a demographics study, a population of 20,000 is projected for Watford City.
And based on that number, the city needs 10,000 housing units within the next five years.
Out of those 10,000, half should be single family homes, but so far the city has only added around 50

Continued Growth Ahead 10/16/2015
That would require a build out of 2000 single family homes a year, from 2015 to 2019, 5.5 buildings a day.
So far in 2015 ninety nine single family homes, one every 3.6 days. That would give you less then 500 homes in 5 years.

Arson To Get Out Of Town
Watford City Restaurant Fire In June 2016 - Arson Charges In Aug. 2016
“I’m so lost right now,” stated Marquardt, as she sat outside the burned shell of her former business.
“This was like our second home. I have no idea of what we’re going to do.”
They Forgot To Shut The Camera Off - Very Critical When Burning Down Infrastructure

None Of These Studies Ever Considered CAPEX Debt - Public Debt & Commodity Price - Real Good Studies

UND Oil & Gas Workforce Assessment May 2016 - Page 137
65 % Living In Temporary Housing - 81% Do Not Want To Move To N.D. - 70% Because Of Price Risk On Housing (Gouging)

NDSU - Another Fantasy Study
Employment & Population Projections In The Williston Basin - 09/2014

The 5 Year (Fantasy) Study - 2014
The Williston region could see a 2019 employment forecast of 65,000 and 70,000; /
The Williston region could have a total population potential around 97,000 at the end of 2014, /
The Williston region has potential to see a housing needs increase of more than 15,000 units from 2014 to 2019,
The Private Game?
"Triplett supported the Berger Group’s proposal, saying it had better modeling capabilities and questioned whether lawmakers were being
 too provincial in choosing KLJ, which receives a majority of its business from the Bakken oil-producing region of western North Dakota."

The Taxpayers Paid $125,000.00 For a 215 Page Study With Some 50 Pages As Covers or Resources That Is A Whooping $581.00 A Page
Google Searches - Decline Rates - Capex, Debt, Hype & Some Charts and 1/3/5/10 Year Averages Would Have Given You A Better Guestimate
KLJ Hired For Study The Private Game The Study

The 6 Year (Fantasy) Study - 01/2017
The Study Has Been All Over The Media, But You Cant Find The Study To Read It. & Of Course It's Done By Another Engineering Company
High Light's Of The Study -
Oil Will Be Trading At $70.00 A Barrel In 2020 - Is That For WTI Or Bakken ?
Population Will Grow From 2.8% to 5.7% Per Year - It Doesn't State If They Will Live In There Cars Or Buy A House
Watford City is projected to have a funding gap of $330 million by 2023. The gap is projected to be $181 million for Williston and $117 million
for Dickinson, the study showed. - A Funding Gap - Is That A Spin On The Debt They Choose To Indulge For Crap Never Needed?

Newtown
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Long Overdue - Ag - Lumber - Hardware - Retail Center
Home Town - Not Big Box Chains Made This Happen
100,000 Square Foot Store - What A Great Thing For The Area

Ag Center Opens - Sept. 2017 The CO-OP That Made It Happen



Stanley - Tioga - Bottineau - Kenmare - Belfield
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Belfield Mega Project Announced March 2015

Units For Sale - Data Is From  realtor.com
Bottineau + 20 Miles - Stanley & Tioga To Include 10 Miles Of Each City - 20 Miles Overlapped
Kenmare + 20 miles - Belfield + 1 Mile - Belfield Is 21 Miles From Dickinson
You Will Have To Select 1 More Filter To Choose Miles

Bottineau On
realtor.com
Stanley On
realtor.com
Tioga On
realtor.com
Kenmare On
realtor.com
Belfield On
realtor.com

Data Is Updated Mid Month - Single Family - Condo - Townhouse - MFD Mobile Home
Bottineau B+20 - Stanley S+10 - Tioga T+10 - Kenmare K+20 - Belfield B+1


 Single Family Permits - Stanley Current 2005 To Sept. 1 - 2017
  Stanley - Tioga - Bottineau - Kenmare - Belfield
Source - hudser.org Source - US Census Bureau

Tioga - Bottineau - Kenmare - Belfield - Current Jan. 1 - 2017
They Do Not Report Monthly Or Have Updates - Only Annual Report Every May From HUD & US Census


Years - With Five Year Average 2012 - 2016

  Multi Family Permits - Stanley Current 2005 To Sept. 1 - 2017
  Stanley - Tioga - Bottineau - Kenmare - Belfield

Tioga - Bottineau - Kenmare - Belfield - Current Jan. 1 - 2017
They Do Not Report Monthly Or Have Updates - Only Annual Report Every May From HUD & US Census



Years - With Five Year Average 2012 - 2016

 1980 to 2017 - 37 Year Total Annual Mean Average Is 18 Units - 1983 Bust to 2005 Boom - 22 Year Total Annual Mean Average Is 1 Units
2005 Boom to 2015 Bust - 11 Year Total Annual Mean Average Is 52 Units - Annual Over Build 34 to 51 Units

Stanley Annual Numbers 1980 - 2017
1980 - 2017 - Housing Unit Building Permits for: STANLEY, ND (Mountrail County)   2005 Clean Water Act Changed 
Year
80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13
14
15
16
17
18
19
Total  17 8 21 9 4 6 0 1 0 0 1 0 1 1 1 2 1 1 2 0 0 0 0 0 5 3 4 6 21 12 57 62 102 187
111
9
3
0


 Single
13 8 9 4 4 2 0 1 0 0 1 0 1 1 1 2 1 1 2 0 0 0 0 0 5 3 4 6 5 12 18 62 39 43
73
4
3
0


 Multi  4 0 12 5 0 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16 0 39 0 63 144
38
5
0
0



1980 to 2016 - 36 Year Total Annual Mean Average Is 5 Units
  Tioga Annual Numbers 1980 - 2016
1980 - 2016 - Housing Unit Building Permits for: TIOGA, ND (Williams County) 2005 Clean Water Act Changed
Year
80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97
98 99 00 01 02 03 04 05 06 07 08 09
10 11 12
13
14
15
16
17
18
19
Total  10 10 6 2 2 4 2 1 0 0 0 0 0 0 2 21 1 0 0 0 0 1 0 0 1 0 0 0 7 4 3 3 4 46
53
4
3



 Single 10 3 6 2 2 4 2 1 0 0 0 0 0 0 2 21 1 0 0 0 0 1 0 0 1 0 0 0 5 4 3 3 4 18
19
2
3



 Multi 0 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 0 28
34
2
0




1996 to 2016 - 20 Year Total Annual Mean Average Is 5 Units
 Bottineau Annual Numbers 1996 - 2016
1996 - 2016 - Housing Unit Building Permits for: BOTTINEAU, ND (Bottineau County) 2005 Clean Water Act Changed
Year
96 97
98 99 00 01 02 03 04 05 06 07 08 09
10 11 12
13
14 15
16
17
18
19
Total  2
1
0
0
1
12
1
0
8
5
0
19
3
2 2
11
11 15
3 4
0



 Single 2
1
0
0
1
0
0
0
2
1
0
3
1 2 2 6 6 6
3 2
0



 Multi 0
0
0
0
0
12
0
0
6
4
0
16
2 0 0 5 5 9
0
2
0




1980 to 2016 - 36 Year Total Annual Mean Average Is 8 Units
Kenmare Annual Numbers 1980 - 2016
1980 - 2016 - Housing Unit Building Permits for: KENMARE, ND (Ward County) 2005 Clean Water Act Changed 
Year
80 81 82 83 84 85 86 87 88 89 90 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14
15
16
17
18
19
Total 3 10 2 6 4 5 4 4 5 5 5 2 2 17 19 23 21 21 29 23 30 1 1 1 1 1 0 0 0 0 0 37 1 1
1
0



 Single 3 4 2 6 4 5 4 4 5 5 5 2 2 3 3 4 4 5 5 5 5 1 1 1 1 1 0 0 0 0 0 13 1 1
1
0



 Multi  0 6 0 0 0 0 0 0 0 0 0 0 0 14 16 19 17 16 24 18 25 0 0 0 0 0 0 0 0 0 0 24 0 0
0
0




1980 to 2016 - 36 Year Total Annual Mean Average Is 3 Units
Belfield Annual Numbers 1980 - 2016
1980 - 2016 - Housing Unit Building Permits for: BELFIELD, ND (Stark County) 2005 Clean Water Act Changed 
Year
80 81 82 83 84 85 86 87 88 89 90 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14
15
16
17
18
19
Total  10 8 19 6 15 0 1 0 0 0 1 0 0 0 0 4 0 4 0 1 3 0 0 0 0 0 0 0 0 0 0 11 11 7
1
1



Single 10 8 19 6 15 0 1 0 0 0 1 0 0 0 0 4 0 4 0 1 3 0 0 0 0 0 0 0 0 0 0 9 9 7
1
1



Multi 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 2 0
0
0




Return To Index Home Page - bakkenboomorbust.com

Bakken Bad Loans
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"At an extended-stay workers' complex in North Dakota, some 134 units of Strata Estate Suites were originally leased to 27 corporate tenants
including Halliburton,  according to documents provided to investors. The loan was among mortgages bundled into $45 million of commercial
mortgage securities in August 2013 and sold to investors such as life insurers. The mortgage has been delinquent for 20 months" Bloomberg data show.
Darkening Mortgage Bonds

$125 Million In ND Loans Threatened
The Suites

Here Is A Best Use Study From 2012 - Easy Read
The Study

"Bankers here are the first to admit they’re not terribly sophisticated. First International’s nine-member board, for instance,
 includes six family members, but they must employ the same risk-management practices as any other bank".
Flashback 2013 - bankdirector.com
“We feel better about this boom,” he adds. “We don’t think this is a speculative play. This is about the long term.
The oil companies know where the oil is, and they know how to get it.”

Its Been Nothing But A Speculative Play!
1. Initial observations of a possible oil reserve
It was always known about the oil stuck in the tight rock of the Bakken. Leigh C. Price (see below) spent his Life defining it.
Problem was you needed the clean water act thrown out so you could frack with Biocide laced water.
Bush & Cheney saw to that in 2005
The Game Changer  As of current Cheney is warmongering about IRAN
Its easy to start wars when you don't have to fight them,
Iraq, Afghanistan, Syria, as of current some 7 to 8 million refugees
are on the move to Europe to escape the monsters Cheney & Bush left behind.
The biggest problem with IRAN is the monsters we gave them
IRAN Oil & The USA
2. Testing and adjustments to initial estimates of extraction
Price estimated 90 billion BBLS in a age when he did not have 3d imageing or super computers. His employer the USGS estimates 5 to 7 Billion
3. High success in locating and extracting oil from a reserve
The smart guy must have read Price's papers much closer then the rest. Because he got to the party first, the leasing of the sweet spots.
Wall Street needed a new pump and dump after the great melt down and with Q1, Q2, Q3 they found one.
Both oil and the indexes rode to new highs, but there has been a divergence as of 2014 and oil has returned to the mean price.
4. Lower success as the reserve is depleted
Every well in the Bakken PLAY is its own reserve, there is no common puddle of oil in the formation like a real oil field.
Even the smart guy pulled way back on the sweetest spots when the divergence started.
5. Continued decrease in further exploration of the region
continued decrease in wall street money and massive increase in debt and someone kicked the three legged chair out from under price

Leigh C. Price

Leigh C. Price 1944 - 2000


Leigh C. Price - Papers

Leigh C. Price - Background


2014 Outbound - 2015 - 2016 Balanced
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2014 National Movers Study - ND Outbound 2015 National Movers Study - ND Balanced

2016 National Movers Study - ND Balanced









Big Debt
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A Great Thank You To Rune Likvern At fractionalflow.com  -  For The Amazing Data He Compiles

A Great Thank You To Rune Likvern At fractionalflow.com  - The Bakken Forecast & Retrospect 04/2016

A Great Thank You To Enno Peters At shaleprofile.com  -  Visualizing US Shale (Tight Oil) Production

Arresting The Decline
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"The hard reality is this: propping up zombie oil companies is only going to make the downturn last longer."
Who Should You Call To Arrest The Decline
What A Irony. Arresting The Decline. Long before oil price went in the toilet, Decline was everywhere. No one spoke much about her.
They seemed to deny that she was everywhere. They just kept feeding her and giving her more and more to decline.
They shrugged her off in quarterly conference calls. Experts and everyday people with calculators warned of her. Wrote of her, charted her.
Respected her. Warned of the day she would overtake their enabling addiction of drilling. Tryed to come up with ways to shut her down,
That just don't work in tight oil. So to have her arrested, who do you call? The police, the E&P's, the FBI, the NDIC, the TRRC, the media,
the banks, Wall Street. Probably all of the above. It will be difficult, very difficult to bring her in, she is lurking at every lease, behind every
pump, in every production tank. She is in the paper work, the permits, the earnings, she is the thought that crosses the mind and is brushed off.

Updated When All Three Report Same Month Data
Bare In Mind - Increased Production Only Seems To Decrease Price

The Combined Production Of The Three Largest Play's - Bakken - Eagle Ford - Permian Basin -  Current July. 2017
3,498,662  bbls oil a day - Divided by (2008 to Current) 106,248 Wells - Is 32.9 bbls oil a day per well. 106,408 Wells Times An Estimated $8 Million Per Well Is $851.4 Billion


YOY 2015 - 2016 Combined Production Of The Big Three - Bakken / ND - Permian Texas - Eagle Ford Texas - Up 211,966 BBLS Per Day
YOY 2016 - 2017 Combined Production Of The Big Three - Bakken / ND - Permian Texas - Eagle Ford Texas - Down 371,932 BBLS Per Day
2017 Combined Production Of The Big Three - Bakken / ND - Permian Texas - Eagle Ford Texas - YTD July. 2017 - Up 63,749 Barrels A Day
Year To Date July. 2017 - Bakken Production Is Up 105,204 bbls Per Day
Year To Date July. 2017 Permian - Eagle Ford Production Is Up 41,455 bbls Per Day

  As Of July. 2017 - A Combined Count Of 6331 New Wells x $8 Million A Well Is $50.6 Billion
A Average BBL Per Day Well Production Of - 10.1 bbls Per Day
At A 2008 to 2016 Average Of The Big Three Of 32.9 bbls Per Well - You Would Need To Add 8,597 Wells Today To Arrest Peak 2016 - 3,781,495
  If You Could Bring Them Online Today - 8597 x $8 Million A Well Is $68.8 Billion
 
What Are They Thinking !

The Problem With Oil Prices - They Are Not Low Enough

Bakken/North Dakota Average1 Permian Basin Average1 Eagle Ford Average1

Bakken/ND - Permian - Eagle Ford - Combined Production - 2008 To Current 2017
In 2015 You Did Not See Candle Over Candle Growth - Nothing But Cross - Recross - Test - Of The 3.4 - 3.5 Mark - Doji - Doji - Vroooooooooooooom
2015 Ended As A Hammer - 2016 Ended As A Engulfing Bear Candle - 2017 Is A Doji Or Another Hammer


The Coincident Index & Recession
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2015 - 2016 Fed Data Shows ND As One Of Two Of The Worst Performing States - ND Is Has Or Already In Recession January 2017
N
January 2017 - USA Today Reports ND One Of Six Oil State's In Recession - Really -  The Fed Had ND In Recession Back In October 2015
USA Today
North Dakota Will Have A $28,000 Ending Fund Balance For The Biennium Ending June 30, 2017
The Previous State Administration Will Go Down In History As The Bust Administration

The Budget For The Biennium Ending In 2019 Is $13.6 Billion - That Is $17967.00 Per Person In ND - That Is $24.00 A Day Per Person - Thats Bull Shit
That Does Not Include Fed, County, City & Un-Godly Hidden Fees & Taxes.


Fed - N.D. As One Of The Worst-Performing States The Fed - Regional Economy
Bloomberg Ranks ND 40th For Innovation - All The Money Spent On Higher Education & The Second Largest Oil Production In The Union
& Billions Of Dollars Burned Through On Crap That Was Never Needed & Get Ranked 40th - Bloomberg Innovation Index

North Dakota Is In A Recession A Great Recession ?

Recession 2016 - The Downturn Has Arrived

The States Where Recession Is Reality
Define Recession ? Define Great Recession ?

Fed Historical Charts (Maps) State Coincident Indexes 2005 To Current - Easy Scroll Of  Charts (Maps)
ND It Turned Red In April 2015 - ND & Alaska Are The Only Two States That Stayed Red Every Month The Rest Of 2015

State Coincident Indexes Release Schedule

The Chart Has Been Red Since April Of 2015 &
The Governor And Legislature Pay Out $2.1 Million In Retention and Recruitment (BOOM) Bonuses 11-2015
"(Jeff Zent ($17,850.00 Bonus) , A spokesman for the governor says the bonuses were given to staff who are working on what he calls "vital" issues.!"
Apparently They Were Working On The Vital Issue To Figure Out What The Color Red Means On A Fed Coincident Index Chart - For Eight Plus Months
They Could Have Used The Link Above - It Would Prove Vital - ND Had Been Green In The Previous 27 Months!
& You Get A Bonus For Doing Nothing As The State Bangs Red For 8 In A Row Of The Past 35 Months & Thousands Loose Their Jobs
Where Can We All Get Jobs Like This - From Green To Red & You Get A Bonus !
Even Maggie Anderson - The Director Of Human Services - Who Is Paid $13,846.00 A Month Got A Bonus For $27,692.00
And Is Now Charged In Allegedly Impeding The Investigation In To The Death Of A Child
(NDDHS - Charges)
Sample Of Red - Stop - Caution - Reverse - Fear - Sell It
Sample Of Green - Go - Prevail - Forward - Greed - Buy It

$100K Alone Went To 5 In Governor's Office Are They Aware And Or Of The One Percent ?

Retention and Recruitment (BOOM) Bonuses What A Slap To The Taxpayers

Dick Dever of Bismarck says the state has been competing with the private sector and the $1.5 million in retention bonuses are justified.

North Dakota Governor  $1.1 Billion Shortfall In Tax Revenue

North Dakota Governor Calls Special Session Of Legislature July 2016

Legislature Plugs $310 Million Dollar Deficit - August 2016
103 Million Dollars A Day For 3 Days - Some Call It Staged!
What Was The Point - You Can Cure A 1.1 Billion Dollar Deficit In 3 Days
This Is How The Taxpayers Business Gets Done
The Pain From The Special Session

It Wont Take Long To Burn Through The $3.6 Billion Dollar Legacy Fund

The Legacy Fund Current Funds Balances


ND It Turned Red In April 2015 - ND & Alaska Are The Only Two States That Stayed Red Every Month The Rest Of 2015
  ND Was Still Red As Of June 2016 - 15 Months In A Row - July, Aug., Sept., Oct., Nov., Of 2016 Were Green - Dec. Back To Red
Jan., Feb., Mar., Apr., May., June., July., Aug., 2017 Are Green. It Takes Two Quarter's To End A Recession Mode
January 2017 USA Today Reports ND One Of Six Oil State's In Recession - Come On The Fed Had ND In Recession Back In October 2015
Two Quarter's of no growth defines recession  - April 2015 To September 2015!
It Took Until January 2017 To Figure That Out - ND Worst Of The Pack - Energy Independence?


Looking Back At Jack - When They Should Have Been Looking Forward & At A Chart
“We don't run the state on oil revenue,” the governor said. “The Bakken is so productive that the four major oil producing counties have the lowest cost
 of production per barrel in North America, third lowest in the world. In a situation where people start shutting down drilling, we will be among the very last.”
That Statement Is Incredible
"We Dont Run The State On Oil" Dec. 2014

"I think they're betting that everyone will blink," Dalrymple said of OPEC. "They're making this severe.
Once they get the result they're looking for, things can begin to balance out again."
At Least Wore Dark Glasses
Eye's Wide Shut They Didnt Check The Chart - They Should Have Blinked - Hard

It Seems They - Along With 99.9% Of The Population Dont Understand The Petro Dollar

Apparently No One In State Government Gets Paid For Technical Analysis
Technical Analysis takes a completely different approach, it doesn't care one bit about the value of a company or commodity
The Pivots For 2015 Were In Play Before 2014 Ended - As Was 2016 - As Is 2017 - The MACD,s Were In The Hole
There Was Never Any Cross Of The MACD In 2015 - In 2016 - A Cross - But No Cross Of The 0 Line - In 2017 Arrow's Down


Quiet, Listen, Listen, You Can Hear It, The Bakken Death Rattle.

You Would Think The Governor Of A Oil Producing State Would Understand The Petro Dollar!

Yes, Burgum Called Them Career Politicians, Money Squanders & Good Old Boys To Get Elected, We Can See Who Got The Last Laugh!
Remember That When You Pay More & More & More & More & More Taxes....

ND Tax & Drug Gimmicks


The PetroDollar
Oil For Dollar's - Dollar's For Military Protection Of Saudi Arabia
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Nixon & His Cronies Detached The Dollar From Gold & Attached It To Oil As A Trading Partner - They Made Tons Of Money For It.
Your Currency Is Backed With Oil - Not With Hard Gold - What A Joke! - Read Nixon's Colossal Error Below
"For the very first time in our history, all money, all currencies, are now fiat - the US dollar use to be gold backed and it was the rock that
all the worlds currencies were anchored to - when the US dollar became fiat, all the worlds currencies became fiat."
  Nixon - Saudi - The Petro Dollar

Nixon was so possessed by peak oil (Marion Hubbert's Peak -Voices Gone ) and at the time the USA had peaked in production.
 He was at war in Vietnam and running up debt and casualties. Plans had been drawn up to invade Saudi Arabia & Take Over The Oil Production


Nixon Wanted To Invade Saudi Arabia
Dhahran Option Four

For he came to know, understand with the PetroDollar that the great society needed a secure source of oil and if the great society ever becomes engaged in
 a full stage war.  A secure source of oil is really needed, for the two largest consumers of oil on the planet are the great society and it's military.
For almost fifty years later and some dozen years of fracking the USA still has not pushed production back up to the Peak of 1970.
Even the current sitting President gets it. For If You Pull The Plug On The PetroDollar Now The Whole House Of Cards Will Tumble!
Trump - Saudi Arabia - Oil - Military - PetroDollar

It seems that every President runs their mouth about oil and the day their elected they are taken in a room and it is explained to them who has the oil and they shut up.....
For If All This Crap About Energy Independence Was Correct The PetroDollar Would Be Flushed & The Dollar Reconnected To Gold Backing
And The USA Would Be A Net (Seller) Exporter Of Credit & Oil - Not A Net (Buyer) Importer Of Debt & Oil

"If I were president, you'd have $30 oil right now," Trump said. "I would call up Saudi Arabia ... and I would say, 'That f***ing price is coming down, and it's coming down now.'

 And you know what? They'd lower that price so quickly, and it would be so easy." Trump In 2008 Interview

For every day the great society uses 16 to 21 million bbls and only produces 8 to 9 million bbls and imports 7 to 8  million bbls and exports 4 to 5 million bbls in mostly finished products and some oil.
EIA Weekly Data
Energy Nonsense

In 1974 U.S Assistant Treasury Secretary Jack F. Bennett and David Mulford of the London-based Eurobond firm of White Weld & Co set about the mechanism to handle the surplus OPEC petrodollars.
Kissinger, Bennett and Mulford helped orchestrate the secret financial arrangement with the Saudi Arabia Monetary Agency (SAMA)
 That creatively transformed the high oil prices of 1973-1974 to the direct benefit of the U.S. Federal Reserve banks and the Bank of England.

S A M A

PetroDollar Warfare
Despite the financial windfall enjoyed by the U.S./U.K banking and petroleum conglomerates who “managed the recycling of petrodollar flows,” most Americans regard the 1973-74 oil shocks as a
particularly painful time period of high inflation and long lines at every gas station. In the Third World these high oil prices created huge loans from the International Monetary Fund – debts to be re-paid
 entirely in dollars."
petrodollarwarfare.com  By 1975 all OPEC members had agreed to sell their oil only in US dollars.

 PetroDollar Warfare Is A Book Released In 2005 By William Clark - Looking At The Invasion Of Iraq By Bush, Cheney For Oil & Crushing The EURO
We all know by history it was not for 911 and weapons of mass destruction - and they did not get the oil. Also how Bush, Cheney were hell bent to wage war on Iran.
The website petrodollarwarfare.com has been taken down, but can be viewed on the way back machine. Look at years 2006 - 2008.

“This notion that the United States is getting ready to attack Iran is simply ridiculous... Having said that, all options are on the table.” – President George W. Bush, February 2005
The Iranian Oil Bourse
Bush & Cheney were possessed by Peak Oil, they knew as every President knows the Petro Dollar Agreement Stands & Will Always Stand.
Oil For Dollar's - Dollar's For Military Protection Of Saudi Arabia - Saudi has the largest proven reserves of oil and Iran brought to modern production could pace them.
Bush, Cheney wanted to do what? Scrap the PetroDollar and take over Iraq and Iran, It's a war no one would ever win! In the end they got hundred's of thousand's of people killed
Scrapped the clean water act for the Frac Act (Halliburton Loophole) and have turned America into a block of Swiss cheese infested with chemicals and debt.

Petrodollarwarfare.com PetroDollar Warfare

Nixon's Colossal Error The Iranian Oil Bourse

He Created The EPA & The Begining Of  Quantitative Easing
This is called “monetizing the debt” – printing money to buy your own debt is the most inflationary thing a country can do. Q1 Q2 Q3
“Paper money eventually returns to its intrinsic value – zero"
"Our 44 year experiment with paper money is almost over. This fact should be on all our radar screens. Is it on yours?

Little Did President Nixon Know. He Knew To Much.
On the table behind him is it cash, gold bars,  food stamps or petro dollars?
Tin soldiers and Nixon coming, We're finally on our own.
This summer I hear the drumming, Four dead in Ohio.
Ohio


The Cost Of Living In The Bakken Tax
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The Current State Of Bakken Energy Independence - Letter's to the Minot Daily - 08-13-2017 Special Tax ?
Call It The ‘Cost of Living In Minot’ Tax

Troy Johnson - Williston - I see a solution to Minot’s money problems, to start with, do what the oilfield does, lay everyone off, start over at a lower wage,  take all the benefits away,  including vacations
and start from scratch. Also the ones that can’t get laid off gets a 10 percent cut, including the city attorney. Second, start bidding things out and stick to the amount, if the company doesn’t  follow through,
  make sure they  can’t work in the state anymore. I suggest using local help and negotiate better, buy cheaper slightly used equipment, I know health care keeps going up and that is the governments fault,
  run the police cars  another year, things like that. Or raise everyone’s property taxes at least 10 percent, and call it cost of living in Minot. Williston is not far behind, with its $250 million deficit.
Yet Alone In A Parallel Universe - Joan Sammon - Williston  - Is Celebrating Energy Independence!
No Joan, Americans are still being killed in Syria, Iraq, Afghanistan. The Bush Cheney
Oil Wars.
The
Petro Dollar & Saudi, Joan. No Joan it was and is all about the water The Real Game Changer! 
There is some 12 to 18 billion barrels of Biocide Laced Water buried in western North Dakota.
Joan they doubled production and cut the price of oil in half, the E&P's indebted themselves
Going For Broke
If you wait 3 to 5 years we will be at $6.00 to $10.00 a gallon for gasoline and still at war for Oil.
Joan when you have people like Harold Hamm 
CLR & TheTiger  and the CEO of Schlumberger warning the Frackers and Wall Street about overproduction
You also have the largest oil trader ,
Andy Hall, known as the Oil God, close his oil hedge fund because he cant get price direction correct
Then you know you have reached something and It Is Not Energy Independence. Addiction To Hype, Debt & Speculation, More So.


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1

Seems it's just another day Guess I'm goin' another way Away from home
Away From Home


We're setting sail To the place on the map from which no one has ever returned
Drawn by the promise of the joker and the fool By the light of the crosses that burn

Oh, save me. Save me from tomorrow I don't want to sail with this ship of fools

Ship Of Fools

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