Wednesday 26 June 2013
Tuesday 18 June 2013
Sunday 16 June 2013
North Dakota Real Estate Opportunity
There are few commodities more important than oil when it
comes to global supply and demand.
The USA is the world’s largest consumer of oil. It is also in the fortunate position of having discovered one of the largest oilfields on the planet in North Dakota. Known as the Bakken Formation, the oilfield has led to the International Energy Agency predicting that the US will become the world’s top oil producer by 2017.
The Bakken Formation is causing a stir across the world and has been featured recently by the BBC, CNN, National Geographic, Time Magazine and the Wall Street Journal. This is new, current, and causing waves across the USA as engineers, oil and service sector workers and laborers flock to North Dakota in search of jobs and opportunities, where even manual laborers are paid as much as $150 per hour. Of course, it goes without saying that the large oil companies such as Exxon Mobil, Chevron and Halliburton are already heavily involved.
The USA is the world’s largest consumer of oil. It is also in the fortunate position of having discovered one of the largest oilfields on the planet in North Dakota. Known as the Bakken Formation, the oilfield has led to the International Energy Agency predicting that the US will become the world’s top oil producer by 2017.
The Bakken Formation is causing a stir across the world and has been featured recently by the BBC, CNN, National Geographic, Time Magazine and the Wall Street Journal. This is new, current, and causing waves across the USA as engineers, oil and service sector workers and laborers flock to North Dakota in search of jobs and opportunities, where even manual laborers are paid as much as $150 per hour. Of course, it goes without saying that the large oil companies such as Exxon Mobil, Chevron and Halliburton are already heavily involved.
The Bakken Formation’s explosive economic impact and its
remote location have created a unique situation, with some 15,000+ oil and
service sector workers currently struggling to find accommodation. Thousands
are being forced to sleep in tents or in their cars, in an area where sub-zero
temperatures are common......Read More Or Full Story
Thursday 13 June 2013
Wednesday 12 June 2013
North Dakota Property Investment Opportunity
At the heart of the astonishing US oil boom is the Bakken Formation, which is enabling North Dakota to defy the laws of economics during the current economic climate. With more oil in reserves than Saudi Arabia and the UAE combined, the pressures from this rapid growth are evident. According to recent reports there could be as much as 24 billion barrels of oil in the Bakken Formation, more than double the amount originally thought.
SOME FACTS
- Projected rental yields of up to 46% per year
- Invest from $27,950
- Hands free, passive, high income opportunity
- Strong rental demand - 15,000 oil and service sector workers, and rising
- Rental income supported by the largest oil companies in the world including Exxon Mobile, Chevron and Halliburton
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