Oil Industry Maintains Country Club Culture During Downturn

  • One-fifth of S&P 500 energy companies cover club dues for CEOs
  • ‘Part of the fabric of how business is done in the industry’

How Sustainable Is the Oil Rally?

Horizontal shales deep under the earth’s surface are important to an energy company’s balance sheet, but so is what happens above the grass line -- especially if that grass is owned by an exclusive Texas country club.

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