Oil Company Investment Plans: Finding Equilibrium
Abstract:
Until recently, most of the talk from the oil patch was about skilled labour shortages, material bottlenecks and massive cost overruns. Those conditions are set to change. To all appearances, the oil companies are about to get what they have wanted for a couple of years, better component availability and lower charges. Did they expect this to occur without a weakening in the economy? What more do they want, sky high prices as well? You can’t have everything.
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