There's an oil and gas boom in North America thanks to an innovation known as hydraulic fracturing that extracts natural gas and oil from shale rock deep underground. Here's how it works.
North Dakota's oil boom has drawn thousands of workers to the state, overwhelming small towns. Rents are sky high. Workers live in barracks called mancamps. And there's not much to do besides work. One promoter brought martial arts fighting to town — the Williston Basin Blowout.
The company has started buying its stock to boost its share price and rumors are buzzing the stock purchase is a defensive move to stave off a buyout from a competing firm.