Gulf Coast Western’s Steve Ziemke on the Vitality of American Oil - Cascade Business News
Summary by Ground News
Global oil demand will increase to a record 101.7 million barrels of oil a day this year. 93% of oil and gas executives are optimistic about the industry in the coming year. Oil and gas companies pay substantial taxes, including corporate income taxes, royalties, and lease payments to access federal lands for exploration and production.
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