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How long can the fracking spending spree last?
www.houstonchronicle.com

How long can the fracking spending spree last?

After a decade of U.S. oil and gas companies spending beyond their means, a debate is underway in the energy and investment sectors on whether to keep pumping money into oil fields to keep the boom going full-speed. Or with interest rates rising and investors demanding better returns, are fracking firms going to have to live within their cash flows?
Big Oil back to raking in billions
www.houstonchronicle.com

Big Oil back to raking in billions

The world's largest oil companies this week posted some of their best earnings in more than three years as they control costs and ride rising oil prices that are now closing in on $70 a barrel
Sand, water, and horsepower: Welcome to the year of the fracker
www.houstonchronicle.com

Sand, water, and horsepower: Welcome to the year of the fracker

Oil companies are on track to produce a record 10 million barrels of American crude a day, a milestone that could be reached as soon as February largely due to another record that is expected to fall in coming months.

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