Weatherford Opinion

November 26, 2013

Oil Price Drivers: Now and in the 1980s

It’s no secret that Texas is currently enjoying an oil boom, encouraged by high prices and technological advances. I’m in the middle of our annual Economic Outlook Conference Series (for the 30th year, by the way), and the Q&A always includes a query or two about oil prices. The industry is notoriously cyclical, and folks want to know it today’s prices are here to stay. The short answer to that is a definite “probably.”

Related content

Comments

Videos

Editor's Choice Videos