David Holt, CEA President says that nothing in life is a guarantee, including in the oil and gas industry. Yes, even in Texas. Despite the industry paying a record level of taxes due to the boom, the number of rigs dropped.
Holt says outside influences can have an impact. “We have tremendous opportunities provided that the economy continues to hum along at a robust level, and provided that we continue to bring manufacturing jobs back to the United States.”
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