Saturday, October 6, 2012

Fast Facts About the Bakken

CarpeDiem.com picked up this story first posted in The Dickinson Press/InsideClimate News.

Go to the link to see an impressive list of facts about the oil patch in western North Dakota. I won't post a summary of the list for now, since The Dickinson Press deserves the credit, and deserves your visit. If I remember, I will post the list of facts at a later date, since regional stories are often archived and difficult to find after a few months.

Okay, one amazing statistic that should catch the attention of Wall Street:
First International Bank & Trust of Watford City, the biggest bank based in the state’s oil counties, had total deposits of $1.03 billion at the end of June, up from $629 million in June 2006.
One billion dollars.

It also has a great steak restaurant in its bank complex. If you visit the Bakken, this bank is a must-visit destination, as is the Powder Keg in Fairvew, Montana.

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