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Shale Drillers Promise No 2017 Binges as Oil Hangover Eases

  • New year tests how invigorated shale responds to higher prices
  • Share prices up, rigs increase and promise of better earnings
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Shale oil companies are ready to play chicken with supply and demand again. 

Roiled by a year that began with crude at a 12-year low and ended with a surprise OPEC agreement boosting prices, U.S. producers including Continental Resources Inc. and Pioneer Natural Resources Co. are promising not to overreact -- or overspend.