The Price of Oil Is Down, So Why Is Production Still Going Up?
America's oil paradox explained
Why Cheap Oil Doesn't Stop the Drilling
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Too much oil, too fast.
That turns out to be the downside of the U.S. oil boom—at least if you’re an investor. Prices crashed, and America is pumping so much crude its running out of places to store it. One promising sign you may have heard about: The plunge in U.S. oil rigs.