Valley News has an interesting article on how some states are banking oil and gas funds for the future: "A savings account North Dakota created to preserve a portion of its oil and natural gas tax dollars for the future has exceeded growth estimates in its first two years and could swell to $3 billion by the time state lawmakers decide how to spend it. *** State officials predicted the Legacy Fund would accumulate about $600 million by this summer. Through August, officials said, the fund has grown to $1.3 billion. It will continue building revenue until June 2017, when lawmakers are allowed under law to begin tapping the account for such things as education."
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