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Frackers Burn Cash to Sustain US Oil Boom - Wall Street Journal
Wall Street Journal | Frackers Burn Cash to Sustain US Oil Boom Wall Street Journal American oil companies—primed to reap the benefits of rising prices after years of wringing more from wells for less—are seeing profits erode in the face of rising costs. Those operational challenges make balancing lofty growth objectives and demands ... A move in crude oil to $50 could come as quickly as a surge above $100, says veteran oil investor $100 Crude Oil? It Could Happen Sooner Than You Think |
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