The Traderszone Network

Published in TZ Latest News 26 December, 2014 by The TZ Newswire Staff

Drilling Cutbacks Mean Service Companies Forced To Scrap Rigs

Submitted by Nick Cunningham via OilPrice.com,

Despite the decline in oil prices, the U.S. is expected to boost production by 300,000 barrels per day in 2015, up to a yearly average of about 9.3 million barrels per day, according to the most recent government estimates.

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