Regarding your last sentence, the reason is that new projects are budgeted based on the price of crude oil and natural gas. When the price was $50 heading to $60, the crude price for projects was budgeted at $50. The $10 jump was a positive. When the price of oil was $100 now heading to $90, the price of projects was budgeted at $100.
Infrastructure already in place benefits from the high price of oil, minus any negative changes in running operations such as increased input costs, rising salaries etc.
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