Big Oil, Small U.S. Towns See New Reward in Old Production Technique
From Reuters Amid the frenetic activity of American shale oilfields recovering from a two-year recession sit a handful of oil towns that seemed impervious as many producers went into bankruptcy and the economy around them sank. Occidental Petroleum Corp (OXY.N) and a few other oil producers with wells near this town on New Mexico’s border with Texas steadily pumped low-cost