Region’s oil fields drawing foreign investment
Foreign interests have long snapped up stake in fields across the country, plowing billions of dollars in domestic producers. But the trend is still relatively new in these parts, fueled by the advent of horizontal drilling and fracturing.
Not everyone welcomes it. Beyond sending profits overseas, there are concerns about foreign interests accessing U.S. technology. Worries also exist about the extraction of American resources by foreign oil companies adding to…
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