Oil Prices Top $100, Yet Some Big U.S. Frackers Let Their Production Fall

Oil Prices Top $100, Yet Some Big U.S. Frackers Let Their Production Fall

Oil prices are at their highest in years and politicians want companies to pump more. But most large American frackers are standing pat, or even letting production decline, and instead are handing investors cash. Much of the U.S. shale industry recently reported higher profits than in the same quarter a year earlier, but companies aren’t …

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