Financing in the future for the oil and gas industry
Journal Article
·
· Oil Gas Tax Q.; (United States)
OSTI ID:5228654
The petroleum industry's capital requirements for exploration and development, refining, marketing, and transportation are expected to exceed $100 billion by 1990. External funding through the sale of stocks and bonds and through bank or insurance and finance company loans is expected to exceed 90% by that time because of new incentives to invest in exploration and development. The industry's share of the capital market will be only 3.1% and will cause no strain on the market. (DCK)
- Research Organization:
- Bankers Trust Co., New York City, NY
- OSTI ID:
- 5228654
- Journal Information:
- Oil Gas Tax Q.; (United States), Journal Name: Oil Gas Tax Q.; (United States) Vol. 28:2; ISSN OGTQD
- Country of Publication:
- United States
- Language:
- English
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