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West Texas oil boom threatens recovery in Canadian oilpatch: analysis

May 16, 2017  By CBC News

Midland, TX – In the last year alone, Big Oil has spent more than $25 billion US on deals in the Permian basin, an area of West Texas and New Mexico. The land grab has put these oilfields back at the centre of the petroleum universe, a spot that not long ago was occupied by Canada’s oilsands. CBC News reports. | READ MORE

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