Fox Business | EIA: Oil firms' deficit between spending and cash balloons to $50 billion Chron.com (blog) The EIA said that on an annualized basis, the oil industry's deficit between the capital it spent on drilling prospects and other projects and the cash that it got back ballooned to $50 billion in the second quarter. That's compared to a $15 billion ... Oil prices bounce back slightly Here's Why the US Banned Crude Oil Exports Oil up 1%; Cushing Draw Data Offset by Wall Street Drop |