Leslie’s Notebook

Perspective is a crazy thing. It allows you to look back in wonder at how much conditions have changed. Earlier this year, Ernst & Young surveyed energy industry executives and analysts around the globe for their energy outlook for the year. The poll results were these, as released in Feb. 2008:

The top 10 risks for 2008:

1.   Human capital deficit

2.   Worsening fiscal terms

3.   Cost controls

4.   Competition for reserves from NOCs

5.   Political constraints on access to reserves

6.   Uncertain energy policy

7.   Demand shocks

8.   Climate concerns

9.   Supply shocks

10. Energy conservation

Now, we unveil the top 10 risks for 2009:

1) The economy

2) Falling energy demand

3) Low oil and gas prices

4) Adverse government interference in energy markets

5) The money crunch

6-10) Double all of the above

–Leslie Haines, Editor-in-chief, Oil and Gas Investor 

You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.