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Daily Archives: December 21, 2015

Shale Wars Round Two: Congress Acts On Exports. Russia Capitulates On Price. And OPEC Blinks.

ArticlesBy Mark MillsDecember 21, 2015

The year 2015 marks the end of the old oil era. Last week the U.S. Congress finally repealed the four-decade-old legislation that, until now, prohibited American firms from selling their product, crude oil, to willing buyers overseas. No other oil-producing nation had such a self-inflicted ban.

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