Oil and gas companies still 'bullish' about prices
Oil and gas companies picked up their activity again the third quarter as executives expect prices to increase, according to a survey published by the Federal Reserve Bank of Dallas Wednesday.
Executives of 154 energy firms were surveyed by the regional bank earlier this month. Nearly two-thirds of them said they believed oil prices will be higher one year from now, and half said natural gas prices will increase as well.
Nearly all of the respondents agreed that the price of West Texas Intermediate...