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Mexico’s Shale Efforts Contend With Violence

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June 13, 2014

Oil shale drillers in Texas have had to contend with environmental opposition and soaring costs. A few miles south of the border in Mexico, Angel Torrez and co-workers duck gunfire sprayed from drug traffickers, Bloomberg said June 12.

When gunmen pulled up in April in a makeshift tank and riddled the Hotel Asya with bullets, Torrez dropped to the floor. After the attack, the 21-year-old machine operator for Weatherford International Ltd. (NYSE: WFT) and his crew of about 30 left town under police escort. Ciudad Mier, in the gas-rich region ...

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