$1 trillion on upstream projects cut through 2020, WoodMac says

HOUSTON – The collapse of oil has forced the energy industry to delay $1 trillion in projects aimed at pumping crude and searching for oil through the end of the decade, leaving 7 billion barrels of crude in the earth. And though crude prices have risen above $45 a barrel, the industry is expected to … Continue reading $1 trillion on upstream projects cut through 2020, WoodMac says