It used to be that when students graduated from high school in the small town of Tioga, North Dakota, they would leave and never look back.
That is, until recently. Tioga has been sitting on top of oil stores forever, but it was inaccessible until the advent of new technology.
Fracking has allowed these oil stores to be harvested, driving Tioga’s rejuvenation. The formerly sleeply town is now flourishing.
In a new Heritage Foundation video, a mother and daughter explain that they left California and moved to Tioga to open a successful restaurant. They knew the restaurant would have never survived in California, but it has thrived in this small town. Tioga is one of the few towns in the country that is actually building houses, not foreclosing on them. This is all thanks to fracking. If the oil were still buried deep beneath the shale, Tioga would not be enjoying this population boom.
But this rejuvenation could come to an end. The town’s mayor says his biggest fear is that Congress will impose a moratorium on fracking. He worries the government is more concerned with unproven environmental theories than with economic growth.
What do you think? Should we utilize new technologies to extract oil?