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But despite a 69% decrease in active rigs since 2014, technological advancements have made US production much more efficient, the EIA cited in a separate report.

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Plugs should be very thankful for technological advancements. Were it not for that he would be in danger of losing both California and New York this coming November. I believe it was Prez Barry who once said, "Don't underestimate Joe's ability to fuck things up."