Under pressure in Texas

摘要

The Texan metropolis of Houston is the pulsating heart of the US oil industry，with many of the sector's numerous firms that operate from there particularly active in production in the Gulf of Mexico. The many suppliers to the oil and gas industry frequently not only serve the domestic market, but actually run global operations. They have benefited from the fact that the price of the Brent crude grade of oil has risen by approximately 40% over the past twelve months. This has made investment more attractive for oil firms again, which in turn results in them buying more Texan hardware.