Resistant U.S. oil business start pumping again

Oil leaps over $50.
The United States oil boom has time and once again tested really tough to eliminate. Regardless of OPEC’s strategy of flooding the oversupplied market with tons of crude, American oil production has actually not fallen off a cliff. And now that costs have rallied back to $50 a barrel, there are early signs that U.S. shale is on the rebound, too.

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