This should be good for business. By the looks of things, 2018 will be a very strong year for all aspects of the oil industry:
With the climb in crude, there are growing signs that OPEC could be falling into a trap it had sought to avoid. Rising prices are putting U.S. production on track to rival both Saudi Arabia and Russia, with output likely to exceed 10 million barrels a day as soon as next month and top 11 million before the end of 2019, according to Energy Information Administration forecasts.
https://www.bloomberg.com/news/articles/2018-01-11/oil-reaches-70-a-barrel-for-first-time-in-three-years
With the climb in crude, there are growing signs that OPEC could be falling into a trap it had sought to avoid. Rising prices are putting U.S. production on track to rival both Saudi Arabia and Russia, with output likely to exceed 10 million barrels a day as soon as next month and top 11 million before the end of 2019, according to Energy Information Administration forecasts.
https://www.bloomberg.com/news/articles/2018-01-11/oil-reaches-70-a-barrel-for-first-time-in-three-years
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