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The Price of Oil Is Down, So Why Is Production Still Going Up? - Bloomberg
The Price of Oil Is Down, So Why Is Production Still Going Up? Bloomberg That turns out to be the downside of the U.S. oil boom—at least if you're an investor. Prices crashed, and America is pumping so much crude its running out of places to store it. One promising sign you may have heard about: The plunge in U.S. oil rigs. |
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