Profits were down for all major oil companies and many of their suppliers.The producers of drilling
The decline in oil prices during early 2003 adversely affected many industries.Profits were down for all major oil companies and many of their suppliers.The producers of drilling fluids,for example,received few new orders,and many existing orders were canceled or scaled back.As a supplier of drilling fluids,Beta Chemical Company's sales plummeted.Beta,located in Lafayette,Louisiana,supplies companies such as Texaco,Shell,and Pennzoil,as well as independent oil Driller,often called wildcatters
Profits were down for all major oil companies and many of their suppliers.The producers of drilling The decline in oil prices during early 2003 adversely affected many industries.Profits were down for all major oil companies and many of their suppliers.The producers of drilling fluids,for example,received few new orders,and many existing orders were canceled or scaled back.As a supplier of drilling fluids,Beta Chemical Company's sales plummeted.Beta,located in Lafayette,Louisiana,supplies companies such as Texaco,Shell,and Pennzoil,as well as independent oil Driller,often called wildcatters
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