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US Oil Boom: Domestic Drillers Last Week Pumped Most Crude Since 1989

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September 13, 2013 by  

U.S. oil output during the first week of of September  hit a 23-year high on the back of new drilling techniches that make previously unavailable oil able to be pumped, the Department of Energy reported Friday.

The increase in the development of the extraction methods of unconventional shale oil helped energy companies pump 7.745 million barrels per day last week, the highest weekly output of crude oil since May 1989

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