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North Dakota has about 90% of its land area in farms with 27,500,000 acres (111,000 km 2) of cropland, the third-largest amount in the nation. Between 2002 and 2007, total cropland increased by about a million acres (4,000 km 2); North Dakota was the only state showing an increase.
North Dakota has a commodity-based economy. North Dakota experienced an uptick in oil extraction from 2008-2014. [4] The legacy fund was established to ensure that the financial windfall gained from the Bakken Oil Boom would benefit the state in the long-run, even if oil prices collapse. [2]
Overall, in the calendar year 2024, the United States' Nominal GDP at Current Prices totaled at $29.017 trillion, as compared to $25.744 trillion in 2022. The three U.S. states with the highest GDPs were California ($4.080 trillion), Texas ($2.695 trillion), and New York ($2.284 trillion).
Night view of H&P drilling the Bakken. The North Dakota oil boom was the period of rapidly expanding oil extraction from the Bakken Formation in the state of North Dakota that lasted from the discovery of the Parshall Oil Field in 2006, and peaked in 2012, [1] [2] but with substantially less growth noted since 2015 due to a global decline in oil prices.
The land of North Dakota has been a central theme in North Dakotan literature. In fiction, poetry, autobiography, drama, history, travel publications and websites, recurring theme regarding North Dakota's land include: its beauty, unforgivingness, solace, starkness, uniformity, and the hard work it demands to survive and thrive.
On July 21, 2023, the OMB delineated one combined statistical area, four metropolitan statistical areas, and four micropolitan statistical areas in North Dakota. [1] As of 2023, the largest of these is the Fargo-Wahpeton, ND-MN CSA , comprising the area around Fargo , North Dakota's largest city.
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It is the 29th-most populous county in North Dakota, ... (consisting of 24 sections of land), ... 2024 Lyle Bopp: 2018: 2022 Mark Breker: 2020:
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