The Outlook for U.S. Energy Production & Midstream Impact
SUMMARY US oil and gas producers are dropping rigs and trimming budgets, but production will likely be more resilient than headlines may suggest. If oil prices remain around current levels, moderate US oil production growth likely continues. There is a greater risk to production growth if oil lingers below $50 per barrel. It is important [...] The post The Outlook for U.S. Energy Production & Midstream Impact appeared first on ETF Trends.
SUMMARY US oil and gas producers are dropping rigs and trimming budgets, but production will likely be more resilient than headlines may suggest. If oil prices remain around current levels, moderate US oil production growth likely continues. There is a greater risk to production growth if oil lingers below $50 per barrel. It is important [...]
The post The Outlook for U.S. Energy Production & Midstream Impact appeared first on ETF Trends.
