Journal Blue
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Journal Blue

Fracking Makes A Comeback

Rising Prices Make Drilling Activity Profitable Again

Frack pump truck via Pinterest

Oil producers that gave up on their fracking operations because of the pandemic are returning to oil fields that were once unprofitable just a few short years ago.

The recent increase in drilling activity is due to rising barrel prices. Unprofitable fields at $45 are now quite attractive at $90 and climbing.

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Douglas Pilarski

Douglas Pilarski

Douglas Pilarski is an award-winning writer & journalist.