Crazy oil prices and new drilling technologies biggest news in 2014

 


Both statewide and worldwide, the biggest news story of 2014 has involved oil – both in how prices have dipped and how production has grown.

         Here in Wyoming, the state was experiencing a boom similar to the late 1970s and early 2000s as oil development has been going crazy.

         Back in June, bankers in Casper told me it was “the biggest boom” ever.  A few months later, oilfield folks told me that people were being laid off and rigs were being idled because of the sudden declining prices. The prices plummeted from $110 per barrel to $60 per barrel in mon...



For access to this article please sign in or subscribe.



 

Reader Comments
(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2018

Rendered 09/22/2018 22:31