'The Brakes on the Bakken Boom' Part 2

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The drop in crude prices has been celebrated by drivers, but the price slump is causing a slowdown for rigs in the Bakken. Last night, we told you about the mindset of energy industry managers, county officials, and oil field service workers, since crude prices began to drop last July.

Tonight we'll examine what direction construction is going in the oil patch, since brakes were applied to the Bakken boom.

Construction projects, building permits and zoning requests are still going through the roof in Watford City despite depressed oil prices.

The price of crude began to drop in July of 2014, but the number of building permits issued in Watford City reached an all time high last year at $242 million dollars.

"We haven't been slowing down," said Pat Eagan, Telleridge Lodge.

Egan says he has already built a 164 unit lodge just outside of Watford city, and is planning on building another with another 180 living spaces.

The number of permits the city issued almost doubled from 262 in 2013 to 511 in 2014.

"We've actually got a waiting list for our type of housing because it's insulated and on foundations. And we've had to turn a lot of people away," added Egan.

Investors from other states including New York and International developers continue to be bullish on the Bakken.

"We are seeing cautious optimism", Gene Veeder, the county's economic manager says deflated oil prices haven't sparked a mass exodus from the city.

Veeder saidk, "It's a vibrant community that the eye of the world has been on us and we want to make sure people understand we are not here today gone tomorrow type community."

Skilled laborers are still in high demand, even though rig counts are down.

"I've got a good job. I'm not getting laid off by no means. I got a couple months worth of work up here," said pipeline worker Christian Dougan.

Employment opportunities have grown this city, and with additional housing and new schools, it's become a more permanent place to stay.

"That's given our people the opportunity to move families here. And I think the key is still to get people to move to the area so that they can become a part of the community," said Terry Moe, Nuverra Environmental Solutions.

Allowing workers to settle in for the ups and downs of the Bakken's development and make themselves at home.