December 2011
Supplement
If it can happen onshore, why not offshore?
Job seekers from all 50 states are flocking to the North Dakota town of Williston, whose population has nearly doubled from 12,600 to 23,000. While the nation’s unemployment rate hovers around 9%, Williston’s is less than 1%. While a boom in the oil and gas industry is great news, I was left asking myself, “Why isn’t this happening offshore as well?” One reason for the difference is regulatory climate.
