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US energy firms unfazed by plunging oil prices
They reassure investors they still have the means to return ample profits
Add BT as a preferred sourcePublished Tue, Oct 28, 2014 · 09:50 PM
Chicago
US ENERGY companies are shrugging off a 24 per cent plunge in oil prices, confident they can adapt and still make money.
Amid predictions that the biggest drop in crude prices since the global financial crisis six years ago will choke off cash flow and slow drilling, industry leaders are reassuring investors they still have the means to return ample profits.
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