The end result of these actions is that per-barrel costs of oil have fallen to around $60 today versus $75 a year ago

This Innovation Will Help U.S. Companies Win The Oil Price War

By Oilprice.com --Michael McDonald—— Bio and Archives--May 21, 2015

Global Warming-Energy-Environment | Comments | Back To Full Article

Although some US oil companies are struggling with low oil prices, a new wave of innovation is hitting the oil patch, allowing for a significant reduction in drilling costs.

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