Post Tagged with: "margins"

Prepare for Steel Tariffs to Squeeze Margins in West Texas, Private Equity Investors Say

Prepare for Steel Tariffs to Squeeze Margins in West Texas, Private Equity Investors Say

Service companies first, then producers

From the Houston Chronicle

The Trump Administration’s steel tariffs will increase costs in the West Texas oil patch at a time when drillers and service firms already faced rising labor and materials costs, investors say.…

March 27, 2018 - 12:52 pm Closing Bell Story‎, Energy News