Wednesday, January 22, 2014

The Altered Numbers Profile for Oil and Gas


1. Saudi Aramco
Saudi Aramco is the biggest oil company in the world, and Ali Ibrahim Al-Nuami presides over it all

Forbes Christopher Helman writes a very readable, informative article - The World's Biggest Oil Companies, 2013 - about dramatic changes in the oil and gas industry, especially as they relate to numbers

The industry is a sharp study in the complexity of business, economics and consumption.  The price of a barrel of crude is way up from 10 years ago, and what consumers like you and me pay at the pumps now would've been diagnosable Post Traumatic Stress Disorder, if we were made to dole out that amount in 2003.  Yet, supply is radically more plentiful, and shale has unleashed a veritable geopolitical earthquake and tsunami.  Increasingly power moves to North America.  

So how have the shifted numbers impacted your business coffers and your pocket books personally?

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