Sumitomo's $1.55 Billion Loss Shows Shale Isn't Booming for All

Home › Sumitomo's $1.55 Billion Loss Shows Shale Isn't Booming for All

Land in the Permian Basin, the busiest shale patch in the U.S. oil boom, is worth either $1,000 an acre or 50 times more, depending. On Sept.

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