A whopping 89 percent of oil and gas professionals say they don’t expect commodity prices to bounce back in 2015, according to a survey conducted by Capital One.
The survey gives a glimpse into what energy pros were thinking at the North American Petroleum Expo in Houston in February. The bank surveyed 107 people.
Pressure on oil and natural gas prices was cited as the biggest concern for 73 percent of respondents. That’s 50 points higher than a year ago, when crude oil was well over $100 a barrel.