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THE BOTTOM LINE

Worker shortage to prolong decline in US oil production

Thursday, July 14, 2016 - 05:50

THE rig count has rebounded from the lows seen in late May, a small indication that oil companies in the US could begin drilling anew. Shale drilling is a short-cycle prospect, requiring only a few weeks to drill and bring a well online. Because of this, the collective US shale industry has been