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07:04 | 12-07-2015 | Economics, Technology | No Comments
IHS estimates that by the end of this year every dollar spent in developing new shale oil wells in the U.S. will be 65% more productive in terms of additional oil extracted than in 2014. There may be a dip in output over the summer. But IHS expects that U.S. output will resume its growth later this year and into next.