08-11-2016 23:07 via abqjournal.com

Updated: Energy Department grows less bearish about US oil production

DALLAS — The decline in U.S. oil production may not be as severe as expected just a month ago. The government is raising its forecast of U.S. production for both this year and 2017, as drillers respond to higher crude prices. Still, output won’t match 2015, which was the biggest year for U.S. production since […]
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