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Home>Fewer oil rigs does not equal less crude, EIA says

Fewer oil rigs does not equal less crude, EIA says

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Mon, 26 Jan 2015

By Claudia Assis, MarketWatch Oil-well boom creates cushion, U.S. government says SAN FRANCISCO -- Fewer rigs may be pumping oil out of U.S. wells due to low crude prices, but that doesn't mean U.S. oil production will be any lower. That's the word from the U.S. Energy Information Administration,
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