Sunday, May 06, 2007

Halliburton After the Growth

Halliburton wants to grow::
"Halliburton has to go where the growth is, and in coming years that will be in the Eastern Hemisphere rather than in North America, he said."
Exactly true. The center of gravity for growth in markets Halliburton serves is shifting away from the US and towards the Middle East and Asia. Why be afraid to go where the market is?

Of course, if we allowed more drilling in the US, we might see some oil industry growth here.

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