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not be insulated from global oil prices set which is where it is hovering right now. in global markets for crude oil and petro- Along those lines, BP already cut $1 bil- leum products. Strategic choices made lion from its capital expenditure plans.
With oil prices depressed, by leading oil-exporting countries could This is where automation comes into
Rescue result in US price and quantity changes.” play. Yes, new-age technologies are
Greg Hale argues that
As it turned out, oil exporting coun- seeing action on the platforms, but a
Automation automation could make a tries made their strategic choices and the more involved program from drilling much needed di