Can a North Dakota Oil Town Break the Boom-Bust Cycle?

After oil prices plummeted, Williston residents were left wondering if their city could turn short-term gains into long-term growth.

WILLISTON, N.D.—Downtown is back to normal. There are little cafés, gift shops stocked with knick knacks, and a J.C. Penney’s. The Miss North Dakota parade recently marched down Main Street. On a recent Tuesday night, a city commission considered Cugini Italian Bistro’s application for an alcoholic beverage license …

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