Commentary: Rumors of oil’s death have been greatly exaggerated
🕐 2 min read
M. Ray Perryman Ray Perryman Among the myriad industries affected by the COVID-19 pandemic is one particularly critical to Texas: oil!As much of the global economy shut down to slow the spread of the virus this spring, fuel demand plummeted. Prices plunged, with futures contracts even briefly going negative.The industry initiated a rapid shutdown of drilling […]
- FWBP Insider
Dr. Ray Perryman is President and CEO of The Perryman Group, an economic research and analysis firm based in Waco, Texas. His firm has served the needs of more than 2,500 clients, including two-thirds of the Global 25, over half of the Fortune 100, the 12 largest technology firms in the world, 10 US Cabinet Departments, the 9 largest firms in the US, the 6 largest energy companies operating in the US, and the 5 largest US banking institutions.