Slow improvement seen for consultants ///

In past years, Forrest Garb usually prepared this article for World Oil. However, because he has cut back on his day-to-day involvement with our company, Forrest has decided that restoring Model T and Model A Ford cars is more fun than writing industry forecasts. Thus, he has passed the baton to me, and I will try to continue his tradition of assessing the E&P industry from a consultant’s viewpoint. As a first-time World Oil advisor, I will try to carry on Forrest’s tradition of using facts to bolster my opinion of recent events, as well as to shape a near-term outlook. Forecasts normally assume that we are in a stable environment, both environmentally and politically. However, the recent terrorist events in the U.S. have caused all forecasts prepared before Sept. 11, 2001, to be obsolete. Instead of moving toward a world that would function as "one," countries will once again rely more heavily on their own internal capabilities.

Log in to view this article.

Not yet a subscriber?  Get started now for immediate access to this content and more.

World-Oil-Free-Trial-2015.jpg

World-Oil-Premium-Subscribe-2015.jpg

Already a subscriber but don’t have an online account? Contact our customer service.