December 2015 Vol. 242, No. 12

Features

Steel vs. Plastic Pipe: Some Thoughts to Consider

With oil prices hovering near $50 a barrel for the first time since the crash of 2008, oil and gas producers are watching to see if this is a temporary blip from the $80-100 range or closer to a “new normal” in which prices stay below $60. For some, this price uncertainty has meant scaling back production, exploration and drilling with the looming possibility of halting some activities all together. Traditional oil and gas companies are not the only ones feeling the squeeze. The Wall Street Journal recently reported that the U.S. Steel Corporation, which depends heavily on oil and gas companies to buy its steel pipe and tubes, might have to stall its Lorain, OH plant in March and lay off 6

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