Matthew Navea | Preferred Sands
For those in the oil and gas industry, 2015 might be a year they wish to forget – and for good reason. The price of oil steadily declined over the previous year, a trend that is expected to continue into 2016 due to a surplus of oil caused by increased production overseas. It’s not all bad though.
Despite analysts’ low forecasts, the oil and gas industry is still taking positive steps forward. One of those steps is improving worker safety at the wellsite, which I expect will be a major focus of many oil and gas companies in the coming year.