Financial Performance of the Major Oil Companies, 2007-2011
Financial Performance of the Major Oil Companies, 2007-2011 – Robert Pirog, Specialist in Energy Economics, February 17, 2012 “Periods of rising oil prices can result in reduced economic growth, rising prices, and reduced disposable incomes for consumers, as well as a deteriorating trade balance. For the oil industry, periods of high oil prices generally imply …