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Old November 13th, 2014 #46
Alex Linder
Join Date: Nov 2003
Posts: 45,342
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Alex Linder

The other half of the energy story and also a big influence on prices, says Hoenig, is the advancement in the U.S. energy industry, and the production of great oil companies particularly in the United States. "We like to rail against fossil fuel companies, but it is their advancements in oil extraction and fracking that have brought oil and natural prices to historic lows.”