The forecasts for 2013 are in and it looks like a flat year for domestic oil and gas, if the Punxsutawney Phils of petroleum prognostication are correct.
Apparently everyone is using the same crystal ball for 2013. The short, sweet summary is that a consensus is embracing an outlook calling for flat oil and gas prices, flat operator spending, and flat rig count.
Operators are still releasing their individual projections of 2013 capital spending as the first quarter gets under way, and those initial numbers are, as you would surmise, ...