Drop in gas prices bad for North Dakota?

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-- -- -- Slightly more Americans will be traveling this Thanksgiving than last year triple -- predicts nearly 44 million Americans will travel at least fifty miles from home.

Its -- the 35 cent drop in gas prices over the last month.

While -- drop his -- a good thing for travelers of course it could spell bad news for North Dakota.

Course on a -- Acuna looks at the State's future and its place in American energy independence.

And -- of interest to people all over the.

Oil rich shale formation that covers 25000 square miles of North Dakota Montana and parts of Canada yeah.

It's that run as -- resident rock North Dakota and control its counsel -- assistance only recently have companies found where it's most productive.

Really only one block and at this point other people are searching for across the world.

A typical Bakken well is projected to -- for thirty years what the -- and means it is it means domestic energy it means.

For every barrel we produce in the box and we need one -- barrel from someone friendly country worries about the upcoming fiscal cliff and -- lowered forecast for demand have recently put a dent in price per barrel.

Insiders say the biggest threats to the -- and bright future a major drop -- oil prices or increased federal regulations and taxation we're constantly making trips to Washington DC.

We're always in contact with our senators and our congressman will -- North Dakota is in the heart of -- countries were activity has been full throttle.

Just the oil companies alone are spending about two billion dollars a month.

On their investments just to drill -- wells out here.

North Dakota's profits from this oil and gas development and estimated one point six billion dollar budget surplus.

North Dakota's department of mineral -- -- says the bucket he's been booming because there is not a lot of federal land.

The state has a high percentage of privately owned property.

Plus the state has a history of being business friendly.

Brett -- in -- and Denver at least you're thank you.

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Drop in gas prices bad for North Dakota?

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