Enthusiasm for uncovering oil deposits in the Eagle Ford Shale of South Texas hasn’t waned at El Paso Corp. In fact, the company likely will move more rigs into its leasehold as the year progresses, CEO Doug Foshee said Thursday.
Waned
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Cash Points Drop Nationwide as Heat Wave Dissipates
Cash market points were lower across the country Wednesday as the eastern heat wave of the last few days waned and traders digested two consecutive down days of futures values.
June 12, 2008