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Commodities Briefing - Categorized | Environmental Trading, Oil more

Is This Trend a Killer for Oil and Gas?

Posted on 11 August 2014

Very interesting research released last week by the U.S. Energy Information Administration shows that the domestic E&P sector may be headed for some difficult times.
The Administration calculated the spending habits of oil and gas firms operating within the U.S., tallying both incoming operational cash flow and outgoing capital expenditures for these companies. The results are surprising, revealing that today’s oil and gas sector is spending well beyond its means……………………………………..Full Article: Source


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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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