Pantheon Macroeconomics - Oil and gas extraction, and the drilling of wells to facilitate extraction, accounts for only 2.0% of GDP, but it punches far above its weight when it comes to capital spending.

U.S. Documents | 2 Dec. 2014 - Falling Oil Prices are Set to Hit Mining Capex Hard Next Year
Oil and gas extraction, and the drilling of wells to facilitate extraction, accounts for only 2.0% of GDP, but it punches far above its weight when it comes to capital spending.

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2 Dec. 2014 - Falling Oil Prices are Set to Hit Mining Capex Hard Next Year

By Ian Shepherdson

Oil and gas extraction, and the drilling of wells to facilitate extraction, accounts for only 2.0% of GDP, but it punches far above its weight when it comes to capital spending.

Posted: 2nd Dec 2014 in 'U.S. Documents'

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