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As Crude Oil Prices Fall, These Drillers Benefit - Here's Why
Thanks to the drop in crude oil prices, some TV pundits are now talking about the end of the "new" oil age. With oil now trading in a band between $80 and $88 a barrel, there's a "new normal" for crude.
But lower oil prices never hit everyone the same. The little-known truth is that, in some cases, lower crude oil prices actually make some companies even more attractive.
Thanks to the drop in crude oil prices, some TV pundits are now talking about the end of the "new" oil age. With oil now trading in a band between $80 and $88 a barrel, there's a "new normal" for crude.
But lower oil prices never hit everyone the same. The little-known truth is that, in some cases, lower crude oil prices actually make some companies even more attractive.