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Published: December 13, 2006
Energy investing needs caution
By Adam Wilmoth
Increased drilling activity and soaring profits over the past three years have led business people, companies and investors back to the oil patch in a way not seen in more than two decades.

The activity has bolstered the Oklahoma economy, poured billions of dollars into state and local coffers, created thousands of jobs and distributed royalty payments to land and mineral owners throughout the state.

It also ha...

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