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Saudis ‘will not destroy the US shale industry’
Hedge funds and private equity groups armed with $60bn of ready cash are poised to snap up the assets of bankrupt US shale drillers, almost guaranteeing that America’s tight oil production will rebound as soon as prices start to recover.
Posted by: Steve White 2016-01-25 |
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| http://www.rantburg.com/poparticle.php?ID=443089 |