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A popular saying comes to mind when considering the recent US government plea to boost domestic oil and gas production: What goes around comes around
ReadCalifornia's move to stop hydraulic fracturing permits by 2024 will likely do little to speed up the current decline in output, but any crackdown on production would boost the state's dependence on imported crude
ReadUpstream oil and gas producers in the US are trapped in a dilemma they might have previously thought would be desirable: abundant production at low cost. For decades, higher production from oil companies was what the market wanted and rewarded
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