bakkenboomorbust.com - bam-boom-bubble-bust-bump-bang
You Are On Search Bakken - $1 Billion North Star Center - Murphy Auto Plex Page

Return To Bakken / ND - Real Estate Boom Or Bust

This has been in play since 2013
Inching Closer 2013

 In 2014
"
He's abandoning Million Dollar Way, moving North to a billion dollar development."
"In my view, this will be Williston's new city center. There will be approximately 8000 to 10,000 people living on this site.
It's all in the city of Williston right now. We'll be moving dirt on this site by May 15. 2014" - Patrick Murphy

Eye On Energy - May 2014 The Groundbreaking May 2014

Well they did get to moving dirt in the fall of 2014 and into the winter, and buried alot of pipes.
 In 2015
The summer of 2015. And there isn't to much moving at the site, winter is coming.
The google capture below is pretty much the same as it is now. 
In 2016 Nothing Changed

In 2017
Murphy has sold his GM dealership & nothing has changed at the North Star Location.


Why Shale (Tight) Oil's Safety Net Is About To Expire Regulator Warns Of Lending To E&P's

Bakken Sweet Has Only Traded Above $60.00 - Four Of The Past Eighteen Years
Bakken oil was $90.94 in May 2014 

Bakken Oil Is Now Trading At!

google search - North Star Center The Presentation Sept. 2014

Return To Bakken / ND - Real Estate Boom Or Bust

It Just Gets Further & Further Spread Out
  In 2015 The New Truck Route Was Finished - $150 Some Million - Hwy. 1804 To Newtown Is Still A Deathtrap
Man Camps Are Outlawed & Strippers Are Outlawed

Man Camps Outlawed
Why - The Majority Never Planned On Staying
Stripper Clubs Outlawed
Better 10 Years Later Then Never



North Star Center & The Williston Crossing to the extreme north and the New Menard's on the west, southwest side.
Is some $2 Billion In commercial really needed in Williston? Can it be sustained?
In 2018 there are alot of empty buildings in Williston, for lease, for sale, etc.
North Star has never been built, Williston Crossing has never been built. Home Depot was never built.




Bakken Decline Production & Price Chart For The Last 10 Years


Be Fearful When Others Are Greedy and Greedy When Others Are Fearful - Warren Buffett


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

A Great Thank You To Art Berman At artberman.com  - For The Insight Of His Data

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



Question Is


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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