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Surge in oil prices provides incentive in Bakken

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WILLISTON -- The elevated price of oil due to the crisis in Syria is creating extra urgency to develop the Bakken, says a certified trading adviser.

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Eugene Graner, president of Heartland Investor Capital Management in Bismarck, said the price of oil, which hovered around $108 Thursday after peaking at $112 last week, assures aggressive drilling in North Dakota.

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Amy Dalrymple

Amy Dalrymple is a Forum News Service reporter stationed in the Oil Patch. She can be reached at adalrymple@forumcomm.com or (701) 580-6890.

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