Our view: Rebound in oil prices benefits producers
IN THIS ARTICLE
- Editorials Topic
- Henry Dubroff Author
By Editorial board and Henry Dubroff Friday, May 11th, 2018
The Trump administration’s decision to walk away from the six-nation deal to curb Iran’s nuclear ambitions has given the Tri-Counties’ oil and gas industry an unexpected boost. Oil prices soared more than $2 per barrel to $71 on May 9 amid concerns that new sanctions would mean the withdrawal of Iran oil from the marketplace,…