After a week of reporting and writing on booms and busts—everything from the economy of big oil boomtowns to the growth of the mental-health counseling field—Jamie Wiebe considers five of the biggest booms—and five of the biggest busts—of the past year.
When the Environmental Protection Agency abruptly retreated on its investigation into water contamination in a central Wyoming natural gas field recently, it shocked environmentalists and energy industry supporters alike.
The energy boom has the nation mired in chatter about a burgeoning job market, or panicked over certain environmental destruction. Instead, we should be asking: To whom will go the spoils of this bonanza, and on whose shoulders will the risks fall?