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Crude Economics
America Not Yet a Swing Producer
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  • Frank Natoli

    Open drilling in Alaska ANWR, Pacific, Gulf and Atlantic coasts and we can all do to OPEC what Patton and Churchill did to the Rhine.

  • Jacksonian_Libertarian

    The problem with counting drilling rigs in operation since October as falling 16 percent, is that they are seasonal and fall every winter as freezing weather freezes the mud and fracking fluids used. Also, as the octopus drilling method of drilling many wells from one site has become the standard the number of operating rigs has been falling from over 2,000 a few years ago, to the 1,700 range today.

  • FriendlyGoat

    It’s hard to imagine American (or world) consumers WANTING American shale operators to be “swing producers”. OPEC nations performed that function to keep a price artificially high—–a price that they, for the most part, were not paying.

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