As the price of oil rebounds and activity in North Dakota picks up, few believe we’ll return to Minot’s circumstances of 5 years ago. But what if we did? What if the oil boom came back? What steps would we take today to ensure the downside after our boom wasn’t as dramatic as we’ve recently experienced?
Yesterday, in Bloomberg we have a story out of Texas where one local leader is asking those questions. And they’re still in the midst of their boom. Have a read and judge for yourself, have they figured it out? What lessons would you pass back to them if you had a direct line?