Increase in US rig count will not cap oil prices
Green Car Congress
JUNE 23, 2016
So this avenue to escape the war didn’t work for the book’s main character John Yossarian. The EIA reported June 14 that it expects LTO output to fall by another 118,000 b/d by July, mostly from the Bakken and Eagle Ford. Too many analysts continue to believe drilling and service has the same problem with rising oil prices.
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