Oil prices recovered on Wednesday as the EIA reported a significant reduction in crude oil inventories, reducing recent fears that the market was oversupplied. Speaking of the EIA, it released…
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Bakken Shale — North Dakota/Montana Spurred by strong production results in the Bakken and Eagle Ford Shale regions, Marathon Oil reported a second-quarter 2018 profit of $96 million. This compares…
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Last week saw two major announcements from Texas government officials that illustrate the huge way in which the ability to produce oil and gas from shale formations benefits the state’s…
