Economy

Boom Town Presses Pause Amid Dramatic Drop In Oil Prices

Two years ago, in January 2013, oil was about $100 dollars a barrel. At that time, towns near new oil fields expanded rapidly, filling up with workers and overflowing revenue. But how are those towns doing now that oil is worth about half what it was then? The Planet Money team checks in with oil workers and residents in Williston, N.D.