Among Other Things; Where are oil and gas prices heading?
Have you wondered if the cost of gasoline will ever level off and at what price?
Recently I asked Francis Davidson of Polson where he thought things were heading. Francis has considerable background in the oil industry. After obtaining a degree in chemistry from the University of Houston in 1969, he was employed in the petroleum testing area of the industry. In 1977 he formed his own company and operated it for four years until selling it to Core Laboratories of Dallas. He remained with Core for 11 more years, retiring as a vice president, and moving to Livingston.
There he formed another company and provided testing and processing equipment throughout the Rocky Mountain region, Hawaii and Alaska.Basically, he said, the oil industry is divided into two sectors -- upstream and downstream. The upstream concerns exploration, drilling and production. The downstream, in which Davidson was involved, included refining, distribution and marketing.
( Complete story here )
Recently I asked Francis Davidson of Polson where he thought things were heading. Francis has considerable background in the oil industry. After obtaining a degree in chemistry from the University of Houston in 1969, he was employed in the petroleum testing area of the industry. In 1977 he formed his own company and operated it for four years until selling it to Core Laboratories of Dallas. He remained with Core for 11 more years, retiring as a vice president, and moving to Livingston.
There he formed another company and provided testing and processing equipment throughout the Rocky Mountain region, Hawaii and Alaska.Basically, he said, the oil industry is divided into two sectors -- upstream and downstream. The upstream concerns exploration, drilling and production. The downstream, in which Davidson was involved, included refining, distribution and marketing.
( Complete story here )
posted by Oil Shock at 3:22 PM
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