In this month’s issue, the editorial letter discusses the curious claims about the US energy industry made by Barack Obama in his recent State of the Union Address. The “In-Depth” article delves into the history of the oil industry to find that, just as today, it has always been subject to volatility and unpredictability. With the present-day uncertainty surrounding the perilous plummet of oil prices, Aiman explores how oil has been at the mercy of, and even at the heart of, many of the major historical developments of the last 150 years. Numerous short articles provide updates on IESO merging with OPA, CME Group launching a new suite of European natural gas contracts, and much more.
