CSPAN2 US Senate December 13, 2016
Local spending from exploration of production dropped by a whopping 10 6 in twirch and is increased by 22 this year. Altogether this amounts to more than 300 billion dollars in lost investment to this industry. Yesterday, [inaudible] some of the focus was reporting high in numbers. Especially between 2015 through 2020. Recently in new deli we have figures rarng between 1 trillion are to 2 trillion are within this period. This track is not to continue in unprecedented in the history of the oil industry. We have never had this in investment for three consecutive years in our history. This is a f...