Sidney

Montana News
2:16 am
Tue March 10, 2015

Low Oil Prices Could Stall Explosive Growth In Montana Boom Town

A pump-jack sits atop an oil well near downtown Sidney, Mont. The oil boom has brought thousands of new residents to the town, almost all of whom work in the Bakken oil fields in Montana and North Dakota. Sidney sits at the western edge of the Bakken oil patch, one of the most productive drilling areas in the country.
David Gilkey NPR

Originally published on Tue March 10, 2015 2:52 pm

What happens when the price of oil tanks and suddenly you're faced with a whole lot less money to deal with your town's explosive growth?

If you're 52-year-old Rick Norby, you lose a lot of sleep.

"I haven't slept since I became mayor," he says. "I really ain't kidding you."

When Norby became mayor of Sidney, Mont., oil prices were about $100 a barrel. A year later, they've fallen to roughly half that. Yet oil production has continued to churn right along.

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Bakken Spinoffs
9:36 pm
Thu December 19, 2013

What non-oil businesses thrive in an oil economy?

Reynold's Market, operating in Sidney since 1925, just moved to a new location twice the size of the old store.
Credit Dan Boyce

(Note: This is the third of a six-part series on "Bakken Spinoffs" airing Thursdays through January 9th on "Montana Evening Edition.")

Sidney, Montana and other towns surrounding the Bakken Oil Boom are seeing rapid growth and businesses of all kinds are benefitting from the influx of new people following the oil.

Reynold’s Market, a Sidney grocery store in operation since 1925, just moved to a new location twice the size of their old place. The number of workers there bumped up from about 60 to 140.

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