Which statement correctly analyzes the economic situation in Williston, Noth Dakota?

Question

Williston saw its population decline in 2014.
The majority of crude oil drilled around Williston stayed in Williston,
Williston helped North Dakota become economically successful because of it's forest resources.
Williston experienced economic wealth due to the extraction of natural capital.

Answer 1

The statement that correctly analyzes the economic situation in Williston, North Dakota, is:

"Williston experienced economic wealth due to the extraction of natural capital."

This reflects the economic growth that Williston experienced as a result of the shale oil boom, particularly from the Bakken formation, which brought significant investment and population growth during that time. The other statements are either incorrect or misleading in the context of Williston's economic situation.