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US drilling boom boosting family incomes by $1,200 a year, report finds

The surge in domestic drilling that has transformed parts of North Dakota, Arkansas and Pennsylvania into modern-day boomtowns is causing ripple effects across the entire U.S. economy, spurring...

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API elects Occidental’s Chazen as chairman

Occidental Petroleum Corp. President and CEO Stephen Chazen has been elected chairman of the American Petroleum Institute’s board of directors as of January 1 for a one-year term.

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