MAPI report highlights bright prospects for U.S. oil and gas

12/11/2013 |

Growth opportunities in the U.S. oil and natural gas sectors are bright, according to a MAPI report, "Breaking Good: The Outlook for Oil and Natural Gas." There are a number of reasons for the outlook, including the coupling of hydraulic fracturing with directional drilling, notes MAPI Senior Economist Don Norman. "Renewable energy in the form of wind, solar, and biofuels has also contributed to the improved energy outlook, although the importance of renewable energy will become more apparent over time," he wrote.

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