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Title : Legacy Fund Depoits For January, 2018, Have Been Posted -- Slightly Higher Than Projected
link : Legacy Fund Depoits For January, 2018, Have Been Posted -- Slightly Higher Than Projected

Legacy Fund Depoits For January, 2018, Have Been Posted -- Slightly Higher Than Projected

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Earlier this month, I posted my projections. Here was that projection. I will update it later.

• high end: $50,088,644
• average: $43,868,722
• low end: $38,280,059
• actual: $46,242,885

	Price of Bakken	Deposit, Reported	Ratio	Forecast	Price WTI	Delta
	Director’s Cut	North Dakota State Legacy Fund deposit	Deposit divided by price of Bakken oil	Based on average ratio and estimated price of Bakken oil	Last week of the month	WTI - Price of Bakken oil
					EIA data
February 2018
January 2018
December 2017	49.25	44,431,000	902,152.28		$60.46	$11.21
November 2017	49.75	37,479,000	753,346.73		$58.35	$8.60
October 2017	43.56	37,220,000	854,453.63		$55.63	$12.07
September 2017	39.56	33,461,000	845,829.12		$51.67	$12.11
August 2017	37.93	31,803,000	838,465.59		$47.32	$9.39
July 2017	35.83	35,319,000	985,738.21		$49.57	$13.74
AVERAGE			863,330.93			$11.19
*********	********	*********	**********	*********	**********	***********
	$49.81		863,330.93	$43,005,391.29		$61.00
	$50.81		863,330.93	$43,868,722.22		$62.00
	$51.81		863,330.93	$44,732,053.15		$63.00
	$52.81		863,330.93	$45,595,384.08		$64.00
	$53.81		863,330.93	$46,458,715.01		$65.00
			High end	Low end
			$45,841,364.74	$38,280,058.69
	Price of Bakken	Legacy Fund Deposit Projected	Legacy Fund Deposit Projected	Legacy Fund Deposit Projected	Price WTI
Projection January 2018	$50.81	Average	High end	Low	$62.00
as of Jan 11		$43,868,722.22	$50,088,644	$38,280,059

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