U.S. oil investment to hit $61 billion as prices surge
Yeehaw! The global oil industry is slated to make some big investments in 2017 following a painful two-year spending slump. And the U.S. — specifically Texas — is expected to lead the recovery. Industry research firm Wood Mackenzie predicts U.S. oil sector spending will grow by 23% to $61 billion this year as American companies […]