Local uranium producer UR Energy announced yesterday it's laying off twelve.
So that's twelve jobs, statewide, following the fifty eight laid off the day prior the hospital.
Not good, and part of the perfect economic storm the region is enduring. It's the early 1980s all over again.
And, I'd note, houses are for sale absolutely everywhere. There hasn't been much news about it, but that's the case.
Interesting, the price of oil is back up, and has been for a few weeks. It was hovering around $50.00 for some time and now its above it. If that keeps up, and nobody knows really if it will, that will have the impact of reviving some drilling. The price climb is the result of a variety of factors, some of which may be temporary, or may not be, and things haven't picked up much yet, but apparently some oil companies are pondering operations a bit.
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