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Top 12 media myths on oil prices

Here's a primer on oil market, devoid of hyperbole and unsupported guesswork.

What has driven cheaper frack pricing is mainly competition, though there have been improvements in design and implementation.

THE upstream oil and gas industry is not a black hole. There's no mystery wrapped in an enigma here. There are a lot of meetings with engineers, chemists and geologists. There's a constantly evolving learning curve. And then there's all the regulations and compliance. But all-in-all it's pretty