Landon, you've brought some appreciable Whitt to this post.While OKC does epitomize cheap in every way (from home values in some pockets of town to the mindset of every. single. person walking around without an Oil job), I agree with you that it's a pretty solid place to invest.It's entertaining to me how number 4 seems to be a causal factor in #1,2, 5, and possibly #10, too.#1 is a causal factor in #7 and #9.

I also 100% agree with you about the oil, recovery/bounce back timeline.

Been doing this since the oil bust of the early 1980's.  

With extended oil price wars your domestic buyers will lose buying power as CAD gets devalued.

There have been oil shortages and oversupply wars that have caused volatility.

For example, I met people that were contractors for oil in Alaska. 

If you are going to reuse the rail, I would burn off all the old paint and re-sand it real good before you put it back on, then a new oil based primer and 2 finish coats.

I have rentals in NH with all three:  oil, natural gas, and propane. 

Any oil producing area will certainly notice the difference.

Are these places in the 'north' where you have oil heaters?