Resilient U.S. oil companies start pumping again

Oil jumps over $ 50

The U.S. oil boom has time and again proven very hard to kill.

Despite OPEC’s strategy of flooding the oversupplied market with tons of crude, American oil production has not fallen off a cliff. And now that prices have rallied back to $ 50 a barrel, there are early signs that U.S. shale is on the rebound, too.

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World business news – CNNMoney.com

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