The Texas upstream oil and gas economy was in a “mild state of contraction” through the middle of the year, declining for six of the last eight months, according to the Texas Petro Index.
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Still Waiting on Texas Petro Index Turnaround
September was the 22nd consecutive month that saw a decline in the Texas Petro Index (TPI), a barometer of upstream oil and natural gas activity in the Lone Star State. No one in the energy patch is going to call this recovery a quick one.
November 2, 2016
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