Quote Originally Posted by Gregg View Post
I've dealt with quite a few oil service companies over the years. I can tell you that there are very few industries better at long term strategic planning than the petroleum industry.
i would agree with this. relatively, there are few incidents to be concerned about. but the i think of the gulf of mexico. messy. fracking. also messy.

Regarding what they provide.... Consumers demand what oil can do for us. So far oil is the only source of highly concentrated, highly transportable, affordable energy we have discovered. No substitute exists (again, so far). The oil companies do what they do because we, consumers, place a very high value on their product. If we change our buying habits and begin to demand something different the mix of available products in the marketplace will change accordingly.
true indeed.