Page 6: of Marine Technology Magazine (April 2015)
Offshore Energy Annual
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Editorial
Gregory R. Trauthwein
Associate Publisher & Editor
Email: [email protected] www.marinetechnologynews.com
NEW YORK 118 E. 25th St., New York, NY 10010
Tel: (212) 477-6700; Fax: (212) 254-6271 s the reality of depressed oil pricing starts to settle in, it is literally anyone’s
FLORIDA guess as to the breadth, depth and length of this latest energy trough. I am 215 NW 3rd St., Boynton Beach, FL 33435 regularly in touch with some of the brightest minds in global energy circles
Tel: (561) 732-4368; Fax: (561) 732-6984 and to date I have found that if you ask 10 people, you receive 10 differ-
PUBLISHER
Aent answers. The fundamentals of this swoon are wholly different from
John C. O’Malley the drawdown of 2008, which was driven by macro economic factors. While the simple [email protected] premise of supply and demand are surely at work in 2015 – the glut of energy and rela-
Associate Publisher & Editor tive paucity in demand is surely not a