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Oil Storage, Texas by Trafigura Images, License by (CC BY-ND 2.0)

A recent Financial Times report states that investors are accumulating debt in U.S. oil and gas corporations, attracted by their capacity to create revenue in the face of rising energy costs. Investors' enthusiasm for energy bonds comes amid a violent comeback in crude oil prices, which have more than doubled since late 2020 to $90 a barrel, their highest level in seven years.