Occidental Petroleum Makes a Play for the Permian Basin

Occidental Petroleum Makes a Play for the Permian Basin

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Forget peak oil. It’s like the party is just getting started for the fossil fuel industry. On Monday, Occidental Petroleum, the oil giant in Berkshire Hathaway’s portfolio, announced it’s acquiring private shale producer CrownRock in a deal worth $12 billion. Do Over Life in the oil biz is a…

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