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This Bakken boom 5 times larger than '80s, Fed says

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WILLISTON, N.D. - The Bakken oil boom is now five times larger than the area's 1980s oil boom, according to a new report by the Federal Reserve Bank of Minneapolis.

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Economists released this week an updated analysis of the Bakken oil field in North Dakota and Montana, highlighting oil production, demographic, economic and financial data.

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