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Old 03-13-2022, 01:06 AM
 
Location: North Dakota
23 posts, read 23,371 times
Reputation: 109

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Quote:
Originally Posted by 2011KTM530 View Post
Oh yea, i was there too. Like they pull off the crew van mirror and do lines of coke at 7 in the morning on the way to the job site. Have rock fights with the other crews during lunch, and the crew boss is participating. On the way back to the yard, buying an 18 pack of beer and a Hustler magazines, smoke some weed and finish the beer before you get back to the yard. In a fully loaded crew van. These guys were strait out of high school making $50k in the 80’s.

Out here the bigger problem I often see is a total and complete lack of financial literacy. You got some young guy that formerly the largest check they ever cashed said Kentucky Fried Chicken on it. Now all of the sudden they are pulling in some pretty decent bank. So they buy some huge super duty with a ridiculous car payment or get themselves into other financial problems with their spending. They wind up with ruined credit in short order and work themselves to death trying to pay for it.


Thankfully life has calmed down considerably for yours truly. I got married in 2021 and purchased a house out here after being a serial renter for the span of my tenure. I still have a garage full of toys of course. Snow machine, ATVs, a boat and my auto shop in the detached garage (man palace), but I would wager the stork is going to have a delivery coming my way in the very near term and there will be a new adventure which monopolizes most of my free time.

Fortunately I was one of the last crops coming out of Houston back in early 2000s that is still on a defined benefit plan (pension) from corporate. It would be considered insanely generous by modern 401K standards. I got about another 15 years in this racket and I can step to the sidelines and kick back. I consider myself the last gasp of an increasingly dying breed of Americans who was able to make a pretty decent living with no formal college education and who was able to work an entire career for the same employer.
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Old 04-09-2023, 05:28 PM
 
15,842 posts, read 14,476,031 times
Reputation: 11916
Anything new happening in the Bakken? Anyone care any more?
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Old 06-22-2023, 12:59 AM
 
Location: West Seattle
6,376 posts, read 5,000,641 times
Reputation: 8453
Quote:
Originally Posted by BBMW View Post
Anything new happening in the Bakken? Anyone care any more?
If the rental market is any indicator, it's very dead.

Plenty of 1-3BRs under $1000, not many over. Some in the $700s. I remember when Williston had higher median rents than San Francisco.

I'd visit if I were passing through the Great Plains; it'd be neat to see all the subdivisions built that are sitting mostly or entirely empty.
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Old 06-22-2023, 05:44 PM
 
1,706 posts, read 1,151,890 times
Reputation: 3889
Quote:
Originally Posted by TheTimidBlueBars View Post
If the rental market is any indicator, it's very dead.

Plenty of 1-3BRs under $1000, not many over. Some in the $700s. I remember when Williston had higher median rents than San Francisco.

I'd visit if I were passing through the Great Plains; it'd be neat to see all the subdivisions built that are sitting mostly or entirely empty.

Yup.

Williston is back to being a weird libertarian city in the vast Plains.
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Old 06-23-2023, 10:57 AM
 
Location: Sioux Falls, SD area
4,860 posts, read 6,926,010 times
Reputation: 10175
Quote:
Originally Posted by TheTimidBlueBars View Post
If the rental market is any indicator, it's very dead.

Plenty of 1-3BRs under $1000, not many over. Some in the $700s. I remember when Williston had higher median rents than San Francisco.

I'd visit if I were passing through the Great Plains; it'd be neat to see all the subdivisions built that are sitting mostly or entirely empty.
Yet, we're begging Saudi Arabia and other enemies to ramp up oil production. As we all know, increasing oil production there and stopping it here doesn't affect global warming
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Old 07-02-2023, 02:16 PM
 
17,874 posts, read 15,943,866 times
Reputation: 11660
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Originally Posted by jmgg View Post
Yet, we're begging Saudi Arabia and other enemies to ramp up oil production. As we all know, increasing oil production there and stopping it here doesn't affect global warming
We should not be begging outsiders to ramp up production. Instead we focusing on developing our domestic fuel industry. It creates competition for the Arabs.

If prices going higher worry you, the Arabs will eventually start putting out more, and at cheap price because they want our business back. There is no better way to get business back then offering loads of discounts.
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