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Texas Oil Output Surges To Highest Level Since The 1970s

US Shale Oil Keeps Booming Despite Low Prices - For Now


There’s been plenty of hand-wringing in recent weeks as America’s oil rig count has dropped precipitously in the face of plunging crude prices. This has sparked worries that the shale boom’s best days are behind it. It seems reports of fracking’s death have been greatly exaggerated. --Walter Russell Mead, The American Interest, 18 February 2015
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