Research Report – The Impact of Oil Boom and Bust Cycles on Western North Dakota
A new study published by SURTC examines the impacts of the boom and bust cycles on transit ridership and community livability in western North Dakota by calculating transit livability index measures. These measures were calculated based on six core livability principles. A major finding of this research shows that although the recent oil bust has caused considerable concern in western North Dakota, the population and transit ridership are considerably larger today than they were in 2008. The study also develops a system dynamics model to show the potential impacts from increasing transit’s mode share.
The full report and executive summary can be found at the link below:
The Impact of Oil Boom and Bust Cycles on Western North Dakota
For more details, contact Del Peterson at Del.Peterson@ndsu.edu.