U.S. Drillers Aren't Rushing To Increase Oil Production

The Middle East is on the cusp of a prolonged conflict that could push oil prices to heights not seen in four years.

- By Benoit MorENNE

For now, American drillers are sitting this one out.The U.S. oil benchmark settled at $74.66 a barrel Wednesday, the highest front-month settlement since the 12-day exchange of Israeli, Iranian, and American strikes last June. But to West Texas oi