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Published September 22, 2013, 08:12 AM

Oil group opposes proposed ND conservation fund

BISMARCK, N.D. (AP) — A group that represents companies working in North Dakota's oil patch is formally opposing a proposed constitutional amendment that would set aside 5 percent of the state's oil extraction taxes to fund water, wildlife and parks projects.

By: Associated Press, Associated Press

BISMARCK, N.D. (AP) — A group that represents companies working in North Dakota's oil patch is formally opposing a proposed constitutional amendment that would set aside 5 percent of the state's oil extraction taxes to fund water, wildlife and parks projects.

The North Dakota Petroleum Council says its members passed a resolution last week at the group's annual meeting in Grand Forks.

A coalition of conservation organizations is sponsoring the measure. The group must collect 26,904 signatures to put the issue on the November 2014 ballot.

Board Chairman Terry Kovacevich says the "initiative is a wrong approach and would take away from other critical needs across the state."

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