Dec 15, 2010

OIL AND GAS SPENDING TO RISE



Oil and gas services sector to see 2011 boost.
Exploration and production (E&P) spending in the United States is expected to rise by 8.1 percent to $93.6 billion, while Canadian budgets are estimated to increase by 4.8 percent to $32.6 billion, according to the survey of 402 oil and gas companies.
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Source: Live Trading News

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