Firms reported that oil prices needed to be on average $65 per barrel for drilling to be profitable, and $90 per barrel for a substantial increase in drilling to occur.
Tenth District Energy Activity Fell Again
Tenth District Energy Activity Fell Again
Tenth District Energy Activity Fell Again
Firms reported that oil prices needed to be on average $65 per barrel for drilling to be profitable, and $90 per barrel for a substantial increase in drilling to occur.