It really is an apt image: a series of briefcases, presumably in a range of colors from dusty brown to black, sitting in the freezing air on the steps of a North Dakota courthouse sometime before dawn. The briefcases served as proxies for the oil and gas company representatives jostling to buy mineral rights in the empty flatness of western North Dakota, representatives not eager enough to close the deals that they would stand in subzero temperatures.

This scene leads the New York Times Magazine's overview of the state's newest-but-not-only oil boom, the cacophonous hustle to split apart the Bakken shale with hydraulic fracturing. The Times has been on a North Dakota bender of late, covering gender issues and infrastructural strains caused by the boom. But this most recent piece provides the most insight on how the boom came to be and how long it might last.
They have been through this before, the people of North Dakota, first in the ’60s, a decade after oil was discovered in the state. And then again in the late ’70s, when the boom was driven by rising oil prices. Monthly oil production, which peaked in 1984 at 4.6 million barrels, fell to half and then went sideways for nearly a quarter-century. By February 1999, there wasn’t a single rig drilling new wells in the state, and oil development looked to be yet another cautionary tale in the familiar boom-and-bust history of the region ...
And then around seven years ago -- driven by technological refinements that have made North Dakota a premier laboratory for coaxing oil from stingy rocks -- the state’s Bakken boom began in Mountrail County. … The first areas of the Bakken to be hydraulically fractured were on the Montana side of the Williston Basin in the Elm Coulee Field, where oil was discovered in 2000. Early treatments there were called “Hail Mary fracks” because geologists and engineers would just drill a well, pump in frack fluid and pray for a robust result. The technique is more exact now. Certain grades of sand or sometimes proppant made of ceramic beads are matched to certain kinds of rock, and the wells are fracked in stages, as many as 40 stages per well.
Just how much oil is in the Bakken is still unknown. Estimates have been continuously revised upward since a 1974 figure of 10 billion barrels. Leigh Price, a United States Geological Survey geochemist, was initially greeted with skepticism when, about 13 years ago, he came to the conclusion that the Bakken might hold as much as 503 billion barrels of oil. Now people don’t think that number is as crazy as it seemed. …
[A]s the volume of oil in the Bakken shale is still a moving target, and recovery techniques are increasingly sophisticated, some estimates put the life of the Bakken play, and the attendant upheaval it is causing in North Dakota, at upward of a hundred years.

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