Baker Hughes says the U.S. oil rig count has dropped to 1,140, the lowest level since December 2011
, Feb 6 (Reuters) – Even as plunging crude
oil prices fuel anxiety in North Dakota, small business owners
in the No. 2 U.S. oil producing state say they are confident
that demand for their products and services will remain strong
enough to keep things humming.
North Dakota’s oil patch has been one of the faster-growing
U.S. regions. Small businesses employ three-fifths of the
state’s private workforce, about 195,000 people, with food
service and construction among the larger employers, according
to data from the U.S. Small Business Administration (SBA).