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Rising costs for US oil producers… WSJ

You are here: Home / Uncategorized / Rising costs for US oil producers… WSJ

August 13, 2018 by Jim Colburn Leave a Comment

Rebecca Elliott and Bradley Olson, Wall Street Journal, write about rising costs for oil producers here…

“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.”

Efficiency gains are flattening out, but what an amazing run:

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