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US drillers scrambling to thwart OPEC threat

2015-03-23 19:03:22| Oil & Gas - Topix.net

" OPEC and lower global oil prices delivered a one-two punch to the drillers in North Dakota and Texas who brought the U.S. one of the biggest booms in the history of the global oil industry. Companies are leaning on new techniques and technology to get more oil out of every well they drill, and furiously cutting costs in an effort to keep U.S. oil competitive with much lower-cost oil flowing out of the Middle East, Russia and elsewhere.

Tags: threat opec scrambling thwart

 

US drillers scrambling to thwart OPEC threat

2015-03-23 18:11:02| Energy - Topix.net

OPEC and lower global oil prices delivered a one-two punch to the drillers in North Dakota and Texas who brought the U.S. one of the biggest booms in the history of the global oil industry. Companies are leaning on new techniques and technology to get more oil out of every well they drill, and furiously cutting costs in an effort to keep U.S. oil competitive with much lower-cost oil flowing out of the Middle East, Russia and elsewhere.

Tags: threat opec scrambling thwart

 
 

Climate change 'big threat to China'

2015-03-22 11:43:15| BBC News | Business | UK Edition

Climate change could harm crop yields and the environment in China, says the country's top meteorologist, in a rare official admission.

Tags: change big china threat

 

Watchdog in court threat to airlines

2015-03-21 14:11:40| BBC News | Business | UK Edition

Three airlines are facing legal action over claims about poor customer service, the Civil Aviation Authority says.

Tags: court threat airlines watchdog

 

FedEx CEO: Uber Is Terrific But No Threat

2015-03-19 06:26:38| Air Courier - Topix.net

Chief Executive Fred Smith likes to use Uber, but he says the ride-sharing start-up is unlikely to ever become a major competitor in package delivery. "I think where the shoe fits, there's certainly some demand for moving a package across town, and Uber or Lyft or the taxi services that have been in business for a long time have been able to do that or some of the local same-day businesses," Smith said.

Tags: no ceo threat terrific

 

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