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Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Drilling Looks Delicious

It is taking more wells to maintain current levels of oil and gas production. A logical beneficiary of this phenomenon are the drillers. It's a "balls to the wall" environment as oil companies want to take advantage of stubbornly high oil and gas prices. Nobody is thinking about cutting back for the time being.


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