Around the Nation
Originally published on Fri December 2, 2011 10:30 am
By editor
The tough economy has taken its toll on most states, putting budgets deep in the red and putting people out of work.
But North Dakota has a low 3.5 percent unemployment rate and a state budget with a billion dollar surplus. That's because of a major oil boom in the western part of the state, a discovery of at least 2 billion barrels to be gained by fracking — the controversial process of injecting fluid deep into underground rock formations to force the oil out.
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