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OIPA

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AcronymDefinition
OIPAOklahoma Independent Petroleum Association


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A portion of the profits from the properties sold at the October 24 sale benefited OIPA.
The OIPA official said the value of crude oil -- especially crude oil on marginal leases or crude oil of less-than-good quality -- could decline as purchasers take a much more stringent approach to how they acquire these less desirable barrels.
 
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