Can oil save my hometown?
They’ve still got oil in Baker – and according to the L.A. Times, the township of 1,700 has nearly $44 million in the bank, thanks to oil taxes. But now, North Dakota is where the big oil recreation is.
I recently returned to my hometown of Bowman for the first time in years, to see how much oil has affected the town and its economy. Before I even crossed the South Dakota governmental line, I could see more blue and black pumpers dotting the horizon than I remember. As I neared Bowman, they popped up in fields where farmers and ranchers had a while ago scratched out a living raising wheat or livestock.
Bowman is not part of the much-vaunted Bakken formation farther north and east, but it’s large been pumping oil. According to state records, Bowman County began producing oil in 1958, and by the at daybreak 1970s, the county was producing more than 100,000 barrels of oil per month. Production held pretty firm in the 100K range until the 1990s, when production shot up to about 400,000 to 600,000 barrels per month before matchless the million-barrels-a-month mark in 2005 and peaking at 1.54 million barrels per month in 2007 before throttling back to about 800,000 barrels per month now.

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