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Tue, Oct 3, 2017 Nick Cunningham 2,231

The extraordinary cost reductions achieved by North American oil and gas companies have likely reached their limit, and any boost in profitability for much of the U.S. shale and Canadian oil sands industries will have to come from higher oil prices, according to a new report from Moody’s Investors Service.

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Yes, Mister, Putin! Thinking the same thing!
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