Post Tagged with: "oil prices near $100"

Source: Reuters

As oil nears $100 a barrel, U.S. drillers get busy in costly shale basins

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DENVER, Feb 8 – As U.S. oil rises toward $100 a barrel, producers in some high-cost shale basins are buying properties and adding rigs and frack crews in places that fell silent when prices crashed early in the pandemic …