Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, October 2, 2014

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

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

By Jared Anderson
(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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