December 2011
Supplement
Fiddling while Rome burns
As 2010 came to a close, many sectors of the US E&P business were still reeling from the aftershocks of the Macondo tragedy. The end of 2011 brings an eerie sense of déjà vu: The US economy and jobless levels are far beyond discouraging, certain European economies are on life support, revolutions rage in the Middle East, and an American election is less than a year away. This comes closer to a global “perfect storm” than any time in recent memory.
