Energy Quote of the Day: ‘The Oil and Gas Industry is Terrible at Predicting Anything’

Breaking Energy 2014-10-01

Summary:

(FILES) A file picture taken on August 8

It’s been said that one certainty regarding oil price forecasts is they will always be wrong. While there are certainly exceptions, the oil & gas industry’s history is littered with business cycle shifts that caught even the most seasoned analysts and executives flatfooted. Look at what’s happened with the US refining complex, LNG import projections

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Link:

http://feedproxy.google.com/~r/BreakingEnergy/~3/k4hbQhXCITg/

From feeds:

Berkeley Law Library -- Reference & Research Services » Breaking Energy

Tags:

corporate investment oil & gas business cycles career advice corporate strategy drilling energy jobs engineering financial crisis jobs lng refining society of petroleum engineers

Authors:

Jared Anderson

Date tagged:

10/01/2014, 15:31

Date published:

10/01/2014, 15:30