Raymond James & Associates forecasts that global oil prices will be structurally challenged over the next few years but expects natural gas prices to stay near the $4.50 to $5 mark this year. In this exclusive video from the 2014 IADC Drilling Onshore Conference in Houston last week, Jim Rollyson, Senior VP, Energy Equity Research at Raymond James & Associates, also speaks with DC about rising cash flows and how that is leading to an overall positive outlook for the US onshore industry.
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