Green Touch Builders | Five things you need to know in Texas energy this week
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February 9, 2015 By SEO Admin

Five things you need to know in Texas energy this week

The ongoing impact of slumping oil prices may put a damper on Valentine’s Day, as it’s hard to feel romantic about $52 a barrel.

Here are five things you need to know in energy going into this week in February.

— Oil and gas job cuts are coming fast and furious with oilfield services giant Weatherford International PLC (NYSE: WFT) the latest to make major moves. Weatherford plans to cut 8,000 jobs— 5,000 by the end of March and another 3,000 by the end of June — through terminations and some…