This type of news can be used to grow your business. Just think of all the different needs & problems CVX will have with shifting these types of resources.
Do you know how to capitalize on this???
Had a great lunch meeting with some folks that have weathered A LOT of change in their careers. But being the wonderful fellows they are, they were happy to give me some direction on how to navigate this large, complex organization. And to even make some introductions for me.
Business development is a struggle in itself, but even more of a bear in the Oil & Gas market.
Thank goodness that always striving to do high quality, fair business has helped me build these types of key relationships. Never underestimate the power of “good”….
The change in crude oil dynamics in the US is fascinating, and driving much growth particularly in Midstream. The supply of unconventional oil (think Shale) is driving both pipeline and rail supercycle of capital expenditures… and for the first time our domestic supply may halt imports.
And the cheap and abundant shale gas has lowered fuel cost for energy intensive refining. This may just increase downstream margins, as we start looking at exporting refined fuels. Never in a million years would I have imagined the US to be in such a global competitive position from an energy point of view!
I picked up a lot of facts around this at the Hart Energy breakfast, during Greg Haas’s presentation.
Come join me and other oil and gas business leaders and see what’s driving the super-cycle of crude oil pipeline, rail, and storage expansion, as well as understand the effects on refinery expansion and contraction. Breakfast at the Petroleum Club, Houston, TX Thursday October 4th. Registration is required: click here