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Expert Analysis

Lessons Learned From The Oil Patch Blues

By Tom Howley, Paul Green and Jonathan Fisher (March 1, 2018, 11:57 AM EST) -- For many energy companies, the last few years were an unwanted and stressful rollercoaster ride, with each new drop in oil and gas prices greater and more frightening than the last. But at long last, the ride might be coming to an end, although one can never be certain given the overall volatility in commodity prices. In contrast to a low of $26 per barrel in early 2016, crude oil prices have now steadily climbed and appear to have stabilized near $60 per barrel. As we exit the challenging times of the last three years in the oil and gas sector, this is a good time to reflect on the downturn and consider what lessons can be learned for the future....

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