Editing Stanley, North Dakota (section)

===Oil===
Stanley is situated on the [[Bakken Formation]], which encompasses northwestern North Dakota, northeastern [[Montana]], and southern [[Saskatchewan]], Canada.  The formation is a rich source of oil, first discovered in the 1950s.  Until the late 2000s the cost of oil extraction was too high to retrieve the oil profitably. With new technologies in oilfield production and the rising [[price of oil]], the field has now become economically viable. The field may be the largest producing onshore field in the [[Continental United States]] outside of [[Texas]] and [[California]], with the U.S. Geological Survey estimating that it contains between 3 billion and {{convert|4300000000|oilbbl}} of oil, sixth overall in the lower 48, and could hold as much as {{convert|200|Goilbbl}} of oil.<ref name=DaveyM-NYT-2008-01-08>Davey, Monica. - "Oil in North Dakota Brings Job Boom and Burdens". - ''[[New York Times]]''. - January 1, 2008. - | - [https://abcnews.go.com/Nightline/Story?id=4155639&page=2 "Tiny North Dakota Town Sitting on Oil Jackpot"]. - [[Nightline (US news program)|''Nightline'']]. - [[ABC News (United States)|ABC News]]. - | - Gutierrez, Thelma, and Wayne Drash. - [http://www.cnn.com/2008/LIVING/wayoflife/08/05/oil.boomtown/index.html "North Dakota's real-life Jed Clampett"]. - [[CNN]]. - August 6, 2008. - | - Retrieved: August 7, 2008</ref>