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A lot more U.S. crude may be coming — eventually

Data: Rystad Energy; Chart: Thomas Oide/Axios

Growth in drilling permits for new wells in the most prolific U.S. oilfield could signal a coming production surge, the consultancy Rystad Energy said.

Why it matters: Producers face calls to accelerate growth as some buyers shun Russian crude and U.S. gas prices average over $4-per-gallon.

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