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Oil Prices Dip to 6-Year Low amid Fracking Boom

HeadlineJan 06, 2015

U.S. oil prices have briefly dropped below $50 a barrel for the first time in nearly six years. The drop in prices comes amidst a boom in oil production inside the United States spurred by the rise of the drilling process known as fracking, which environmentalists say raises dire health and safety concerns.

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