What Happens When A Town Strikes Oil?

Why Low Gas Prices Are Bad For The World http://testu.be/1BqgMhq
Subscribe! http://bitly.com/1iLOHml

With oil prices fluctuating around the world, oil boomtowns could become ghost towns if they don’t diversify. So what is an oil boomtown?

Learn More:

Nigeria: how to lose $35bn
http://www.theguardian.com/world/2012/nov/13/nigeria-oil-corruption-ridabu
“In Nigeria, Nuhu Ribadu is considered an island of principle and moral backbone in a great sea of corruption, waste and dysfunction. Trusted in a way that other politicians and public figures can only dream of.”

Rigzone Ranks the Top 10 Oil & Gas Cities in the World
http://www.rigzone.com/news/oil_gas/a/126250/Rigzone_Ranks_the_Top_10_Oil_Gas_Cities_in_the_World/?all=HG2
“For years, the petroleum industry has created significant job opportunities and economic benefits through energy hubs around the world.”

The 10 most oil-rich states
http://www.usatoday.com/story/money/business/2014/08/03/oil-rich-states/13443353/
“The U.S. energy industry is booming.”

Subscribe to TestTube Daily!
http://bitly.com/1iLOHml
_________________________

TestTube’s new daily show is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It’s a place where curiosity rules and together we’ll get a clearer understanding of this crazy world we live in.

Watch more TestTube: http://testtube.com/testtubenews

Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork

TestTube on Twitter https://twitter.com/TestTube

Trace Dominguez on Twitter https://twitter.com/TraceDominguez

TestTube on Facebook https://facebook.com/testtubenetwork

TestTube on Google+ http://gplus.to/TestTube

Download the New TestTube iOS app! http://testu.be/1ndmmMq

Special thanks to Lissette Padilla for hosting TestTube!
Check Lissette out on Twitter:https://twitter.com/lizzette

Comments

comments