Tuesday, December 16, 2008

Speaking of Oil

Might-a spoke too soon about our indestructible economy.

Big Oil Projects Put in Jeopardy by Fall in Prices

Saturday, December 06, 2008

Prairie Prosperity

As the American economy sinks deeper into the crap, North Dakota is almost recession-proof, according the front page of the New York Times.

Any adult North Dakotan can hardly remember a time when the state was not gripped with farm crises, bad jobs and constant out-migration. This prosperity thing is a little disconcerting.

A related question is, How bad did the rest of the country have to get for North Dakota to become the envy or every other state?

Monday, December 01, 2008

Travel


A New York Times article last week announces that travel has become cheaper, since no one has any money anymore and oil prices are under $50 a barrel again. At the very end of the story, there's mention of a guy in Seattle going to Fargo for Thanksgiving.

Thank God for this recession. We're saved. Unless we're economically dependent on the Bakken Field. Than we're screwed again.