Saturday, 26 September 2015

EIA expects slump in upstream investmentsw/

OIL AND GAS
EIA expects slump in upstream investmentsw/
Washington (UPI) Sep 24, 2015 - Investment in the exploration and production side of the oil and gas sector could flirt with historic lows if oil prices remain depressed, a U.S. brief said. "Low oil prices, if sustained, could mark the beginning of a long-term drop in upstream oil and natural gas investment," a brief from the federal Energy Information Administration said. West Texas Intermediate, the U.S. benc ... more


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