Marcus HIles Discusses Why Things Are Looking Bright For Houston Workers

The day following OPEC’s agreement to cut production by 1.2 million barrels per day, U.S. crude saw its biggest daily price spike in more than seven years, climbing by nearly ten percent to $49.44. “This means 2017 will be a better year for oil and gas activity,” said David Pursell, research manager at energy investment…

Read more on Marcus HIles Discusses Why Things Are Looking Bright For Houston Workers

Marcus Hiles On Historic OPEC Agreement’s Impact On Houston Economy

Two months since the Organization of the Petroleum Exporting Countries’ (OPEC) historic agreement to stabilize the market by cutting crude production for the first time in eight years, the price per-barrel has nearly doubled after dropping to a low of $26 in the prior February. In Greater Houston, the center of U.S. oil production, the…

Read more on Marcus Hiles On Historic OPEC Agreement’s Impact On Houston Economy