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chevron corp said on tuesday it had successfully drilled for oil in the gulf of mexico's deep waters and analysts said the find suggested there may be more oil in the region that provides a quarter of u.s. output.
the wall street journal cited chevron officials as estimating recent discoveries in the gulf of mexico could hold as much as 15 billion barrels of oil and gas reserves. that would boost u.s. current reserves by 50 percent.
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look how cheap gas was
