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Oil's $5 Trillion Permian Boom Threatened by $70 Crude: Energy

2013-10-25 18:08:08| Oil & Gas - Topix.net

Bryan Sheffield, a third-generation oil wildcatter in Texas's Permian Basin, knows what he'll do if crude drops to $80 a barrel: shut down half his drilling rigs and go on a takeover hunt for weaker rivals.

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