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Re: energybuyer post# 48004

Saturday, 12/31/2022 4:34:12 PM

Saturday, December 31, 2022 4:34:12 PM

Post# of 49441
Energy Companies Increase Spending in 2023 as Oil Prices Rebound

Energy Companies Increase Spending in 2023 as Oil Prices Rebound
Sat, December 31, 2022 at 9:12 AM EST
Oil and gas companies plan to increase their capital expenditure budgets in 2023 due to gains in crude oil prices, executives said in a recent Dallas Federal Reserve's energy survey. Management from 148 oil and gas companies responded to this question in the survey that was conducted between Dec. 7 to 15 with 39% of executives who said the amount of capital spending would rise