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Archive Home > 2008 > August > 19 > As oil giants lose influence, supply drops

As oil giants lose influence, supply drops

By Jad Mouawad / The Bulletin
August 19, 2008

Oil production has begun falling at all of the major Western oil companies, and they are finding it harder than ever to find new prospects even though they are awash in profits and eager to expand.

Part of the reason is political. From the Caspian Sea to South America, Western oil companies are....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.