Blood and Oil is the new Dallas, but too bad the oil boom is already over

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The biggest irony about Sunday night’s debut of “Blood And Oil,” ABC’s show about the oil boom in North Dakota, is that the boom times there are over – for now, at least.

Sure, a few years ago when crude-oil prices were over $100 a barrel and gasoline prices were topping $4 a gallon, people were tripping over themselves to get to the Bakken Shale region in northwestern North Dakota

And who wouldn’t rush out there when salaries were hitting $100,000 – of course you’d have to live in the middle of nowhere and in a place where the average mid-winter temperature low is zero

That’s not the case now, as crude-oil prices are around $45 a barrel and oil companies are hemorrhaging cash and people Read more...

More about Business, Tv, Oil Boom, Commodities, and Blood And Oil

Source: Mashable http://ift.tt/1iWuQHW

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