Tuesday, August 2, 2016

This Canadian Oil 'Ghost Town' Is For Sale | Zero Hedge

Dig this! Talk about a “Fortress of Solitude” up in the arctic.
See the pictures.

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In a shocking example of the fallout from low oil prices coupled with years of easy-money-enabled malinvestment, the collapse of Canada's non-conventional oil production has forced a northern Alberta oil-boom-town to be put up for auction, including 1200 person accomodation work-camp, hospital, gym, running track, and waste-water treatment plant.

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