You know how people always complain that only corporate fatcats make money when demand is high? Well, apparently a rising tide *does* lift all boats. Residents in North Dakota are benefiting from record oil prices, with several local landowners becoming millionaires in this current feeding frenzy. People fortunate to have set up a stake on the right piece of land before knowledge of oil reserves in the area was known have apparently won the cosmic lottery. Bakken shale residents are in particular seeing some profits, since a combination of new oil recovery technology and increased demand for energy are making the reserves on their land indispensable. For those of us not fortunate to have oil reserves under our back porch patios, at least we benefit from additional oil in the market. If you think $140 is bad, just think how much worse it would be if we weren't getting oil from as many sources as possible. –Stephen Payne, Editor, Oil and Gas Investor This Week; www.OilandGasInvestor.com; spayne@hartenergy.com
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