The Risk Management Tool Box Blog

Prices Surge When Frac Company's Come to Town

Graham Marshall - Monday, September 07, 2015

The Real Story of Home Prices & Frac

Anti-frac activists make many claims about the harmful consequences of Hydraulic Fracture Stimulation ("frac").

One of the most oft-heard claims is used to scare home-owners that the value of their real estate will fall if frac is allowed to go ahead in their locality.

But is that claim true?

Evidence from the Bakken shale play in North Dakota paints an entirely different picture for home-owners to consider.

In fact, the evidence is unambiguous in demonstrating that when Frac comes to town, the price of real-estate surges; leaving property owners far richer than ever before!

Here are the graphs showing real estate sales and prices in Tioga, Minot, Williston and Watford City for the 5 years from 2009-2014.

Those four towns in Western North Dakota are the centre of the Bakken unconventional oil field, the largest fracking play in America.

And as you can clearly see, home prices surged between $100,000 and almost $200,000 over five years across the four towns in the centre of the Bakken.

Not a bad rate of real estate return in my book!

In fact, the only downside to the Frac boom in ND is that workers who want to move to the State will find it tough to get on the property ladder because the price of real estate has RISEN so much.

It's exactly the opposite problem to what the eco-activists are claiming! How wrong can they be?

Post has no comments.
Post a Comment

Captcha Image

Trackback Link
Post has no trackbacks.

Recent Posts


APPEA Safety Information Posters Construction Safety Situational Awareness Hess Supervision Risk Tool Box Fire Prevention Safety Moment Behaviour-based Safety (BBS) Kinetic Energy Emergency Response Workplace bullying Safety Alert Job Safety Analysis IFAP Chevron Working with explosives Rosedale Abbey Unconventional Gas Safety Conference Ladder Safety Manufacturing Working at height Health Farm safety Hydraulic Fracturing ("fracking") Customer Testimonial Woodside one per center Isolation Control Management of Change Radiation Sources Safety Video Procedure Training Course Mining CSB Road Transport Risk Management Australian OSH Codes of Practice Slips, trips and falls Incident Investigation Global Harmonized System Nanotechnology UK HSE Hazard Awareness Crane lifts Natural Hazard WorkSafe WA WMC Resources Nautronix Bio-hazards Electrical hazards NOPSA Process Hazard Management Procedures Toolbox talk OSHA Kellogg Joint Venture NORM LOTO NOPSEMA Safety Management Program Marine Safety Psycho-social Hazards Hierarchy of Safety Control Shell Newfield Hazard Spotting Rail Safety Excavations Safety "one per-center's" Safety Culture Survey BP Unconventional Hydrocarbons Contract Risk Management MSDS WA Resources Safety Sakhalin Energy Safety Awards Shale Gas Pollution prevention Salute to Our Hero's Thank God it's Friday Aviation Safety BHP Billiton PPE Safe at Home Driving Safety Santos Raspberry Ketones Scam OHS Law TK Shipping Hazardous Substances Coal Seam Gas Save our Seafarers Campaign Safe Operating Procedure (SOP) Energy Model of Hazards Water Corporation Hot work US OSHA Office Safety Occupational Overuse Syndrome SPE HSE Innovation Award Total Drilling Risk Assessment Railway Safety Unconventional Oil Social Responsibility Best bars in the oil patch Walking ENI Australia Safety PowerPoint Presentation Work in Confined Spaces ALARP Call Centers Catostrophic Disaster HSE Leadership Oil Spill Response Manual handling Fatigue Management Hospital Safety


Blog / Terms of Use / Site Map / Disclaimer / Risk Management Tool Box 2009. All rights reserved. Web design by Luminosity. E-Commerce by JStores.