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A Note From The Editor…

As 2015 begins, we look back on the year that was through the prism of the last four months. The final quarter of 2014 began with oil prices at $85 per barrel, is lowest level in three years - it finished with the value of Brent crude barely scraping $50, its cheapest since 2009.

Rolling through autumn and into the winter months, we saw China become both the world’s largest economy and its biggest oil consumer, the International Panel on Climate Change advocate the eradication of all fossil fuel usage by 2100, and the OPEC cabal flex its muscles to the point of global economic meltdown.

The fifteenth year of the 21stcentury promises to be even more brim-full of incident and turmoil than the last. In the Chinese zodiac, 2015 is the Year of the Sheep, deemed so unlucky that expectant parents request early parturition by caesarean section to avoid a birth in this most infelicitous of years.

Let’s hope that 2015 does not follow the lambs to the slaughter….

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Sumit Dutta heads up Marketing at Oil & Gas IQ. Contact him at Twitter or Google Plus