Oil Prices Top $100, Yet Some Big U.S. Frackers Let Their Production Fall - The Wall Street Journal

The largest U.S. shale-oil producers are returning more cash to investors than they’re investing in drilling, a sign of how much the industry has changed since the oil-boom years.

Oil prices are at their highest in years and politicians want companies to pump more. But most large American frackers are standing pat, or even letting production decline, and instead are handing in… [+471 chars]

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