‘Historic’ spending cuts putting future oil supply at risk, threatening future spike in prices

Posted on March 23, 2016 by Prinzo and Associates LLC — Leave a comment

Financial Post – Top Stories 34m ago oil-prices An oil shock may be lurking around the corner as the price bust has hammered investment in future supply, according to the International Energy Agency. “Historic” investment cuts taking place now increase the…

Tagged with: bloomberg news, BP, chevron, conocophillips, cost per barrel of oil, future of drilling, future of energy in america, future of oil, global demand, global energy supply, global supply, gulf state oil production, historic spending cuts, IEA, IES, investments, job cuts, matt rayman, new york mercantile exchange, oil, oil market, oil prices, oil production, OPEC, pittsburgh, prinzo and associates, US Crude Stockpiles, west texas intermediate
Posted in business, drilling, economy, finance, fracking, job cuts, jobs, money, pittsburgh, technology, Uncategorized

Blog Archives

‘Historic’ spending cuts putting future oil supply at risk, threatening future spike in prices