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High oil prices lift all boats in the Permian Basin, but companies remain cautious
Oil companies that drill in West Texas are seeing big wartime profits, but many are holding back on aggressive capital spending, wary of repeating the boom-bust cycles that followed the pandemic when prices collapsed after a drilling surge.
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cryptobriefing.com
Big oil companies report record profits amid high oil prices
Big oil companies report record profits amid high prices. Crude oil reaching a new all-time high by December 31 at 11.5% YES.
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marketplace.org
High oil prices lift all boats in the Permian Basin, but companies remain cautious
Oil companies that drill in West Texas are seeing big wartime profits, but many are holding back on aggressive capital spending, wary of repeating the boom-bust cycles that…
