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Tuesday, January 31st, 2023

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Shale drillers spending most of their cash paying off high debt

By PI News Feed on September 19, 2015

North American oil explorers have only hedged about 11 percent of their oil production in 2016. That’s well below the 28 percent of oil production they’ve hedged in the third quarter of this year and , according to research firm IHS.

via Fuel Fix http://ift.tt/1inmjgm

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