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Oil Patch Deals With New Threat: Rising Debt - New York Times
New York Times | Oil Patch Deals With New Threat: Rising Debt New York Times But it is Caza that has recently fallen prey to a different kind of predator stalking the Texas oil patch: too much debt. While crude prices have dropped more than 70 percent over the last 20 months, a reckoning in the nation's vast oil industry has ... Mounting debt catches up with U.S. oil producers |
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