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Oil boom creates millionaires and animosity in North Dakota

From the cab of his combine 10 feet off the ground, Doug Kinnoin sees acres of barley scrawnier than last year’s bumper crop but good enough to fetch top dollar as malt for beer instead of cattle feed.

What he can’t see, as the amber stalks give way to the combine’s rollers, is the black gold 2 miles below.

"There’s oil all around," says Kinnoin, 37, who says an oil company staked a claim here in March. His father owns shares in 10 new wells. So does that make Kinnoin and his family millionaires?

"I guess so," says the laconic bachelor, who plans to stay in his double-wide mobile home with the deer trophy head and gun safe in the living room. "It’s not something we talk about."

By Andrea Stone, USA TODAY

Full Story: http://www.usatoday.com/money/industries/energy/2008-09-09-dakota-drilling_N.htm

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