The oil and gas industry has been always a story of boom and bust, but times might be changing. We are now entering an era of major social, technological, and political trends that could reshape the environment in which oil and gas companies operate.
Optimism regarding resource abundance and profound technological innovations are leading to sustained lower oil prices and a focus on cost, efficiency, and speed. Continue reading Driving Down Costs in a Digital Oil and Gas Future
This is a special contribution from Steve Milloy, publisher of JunkScience.com and author of “Scare Pollution: Why and How to Fix the EPA” (Bench Press, 2016) in response to my post “Tariffs are the Worst Way to Combat Protectionism“.
Knee-jerk Trump-haters and many free market economists are up in arms over the President’s recent imposition of various tariffs. While the Trump-haters are easily dismissed, what about the free market economists? Continue reading Trump’s Tariffs: A Tool for Free Trade
I often hear the question “What is an actuary?” Well, actuaries are unique in that they have a deep understanding of both business and statistics.
Traditionally, an actuary’s differentiator was their ability to make financial sense of extremely long-term horizons—typically those associated with the lifespan of human beings.
This naturally lent itself to actuaries working in the age-old fields of life insurance and pensions. Continue reading The Statistical Edge: Enhance Your Metrics with the Actuarial Valuation Method
Consensus remains euphorically optimistic about the Eurozone.
However, the first data of 2018 are worrisome. While consensus expects a strong 2018 for Europe, the advanced data begins to question the optimistic expectations. Continue reading The Crowded Trade. Is Europe Slowing Down?