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Page added on May 31, 2005

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Oil drilling up, but impact may be slight

There’s an oil rush on in parts of the USA as companies try to cash in on near-record oil prices.




But for consumers, the increase in activity likely will do little to help ease the pain at the gasoline pump as the summer driving season gets underway. The extra drilling will also do little to ease U.S. reliance on foreign-produced oil



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