It was just a few years ago that the oil industry took a downturn and the price of crude oil plummeted. Oil rigs shut down, and pipeline construction slowed to a crawl or stopped.“Oil prices started falling and everybody started burning the furniture and everything kind of stopped,” says Kenny Clever, vice president of sales and marketing for American Augers. American Augers is a manufacturer of directional drills with over 100,000 pounds of pullback and has many of its customers working those pipeline construction jobs.“We, as manufacturers, sat around and wondered at what price would things start picking up again,
Future Outlook Improving for Oil Industry Directional Drillers
HDD contractors and manufacturers are seeing uptick in pipelines going in and more is expected
Nov 30, 2017
| by Cory Dellenbach |
