2014-A RETROSPECTIVE: TIME TO WORK EVEN SMARTER

摘要

We saw a lot of money invested in the expansion of facilities over the last few years while oil prices steadily climbed. It was also evident that oil companies were spending money exploring new technologies. Now we are hearing news of capital project cancellations, spending cutbacks, and layoffs from the producers. Naturally, this has affected the natural gas market. It is no longer a necessity for companies looking for a cheaper feedstock than crude oil or derivatives to go to the less expensive natural gas. So many natural gas projects have been cancelled or put on hold as well.