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Friday, October 20, 2017

Legacy Fund Update Through September, 2017, With Recent October Deposit

Source here.

The Legacy Fund is tracked here.

These are deposits only; not total assets.

Of the seven years the Legacy Fund has been in existence, the October, 2017, deposit exceeded the monthly average for three of the seven years. Just saying.  By the way, the law of big numbers seems to work here For the past couple of years or so, North Dakota crude oil production has averaged about 1 million bopd. Math is easy when the denominator or divisor is "1."



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