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I work on the Engineering Consulting side of the Oil and Gas industry. We are watching prices like a hawk as are our clients (some of the larger oil companies), many "new capital pipeline and facility" projects are having their financial models re-run to determine profitability and health.
Many of the smaller producers are going to really feel the squeeze and the overall industry is still quite busy and healthy...the key is to maintain sustainability.
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Ole Skool - wouldn't have it any other way
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