This dissertation comprises of five qualitative and exploratory studies. The studies focus on the social and economic impacts of rapid shale oil development, which is colloquially referred to as an “oil boom” on the communities and its members in western North Dakota. The dissertation presents a detailed exploration of the impacts and implications of the boom on community values and attitudes, quality of life, and community development. Impact of the boom on each topic is presented as an independent article or chapter. The data for the dissertation was collected through open-ended, face-to-face interviews. The findings highlight the opportunities created by the boom, barriers inhibiting community development, and the solutions necessary to achieve the community development potential created by the economic activity of the oil boom.