Oil and Gas Today with Chris Faulkner
Oil and Gas Today with Chris Faulkner - Podcast #576
Episode Transcript:
Did you see Halliburton’s 3rd quarter results? 70-percent increase in profits.  70-percent. Heck, Apple was up about 12-percent and THRILLED based on hot iPhone-6 sales. These days, not much is growing at 70-percent, especially for a big multi-national like Halliburton. The reason their earnings were so explosive this quarter was because of the U.S. Shale oil boom.
Wherever you see a rig-site almost anywhere in America, Halliburton is probably not far away. They performed the first commercial frack-stimulation in Kansas in 1947 and are still going strong. I’m pleased to have been working closely with them for over a decade now.
Here is just another indication of why this technology is so good for America. This growth is leading us to independence.
Jobs. Profits. Influence & Prestige. Thank you Halliburton.
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