Industry Overview:
Oil and Gas Exploration and Production
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Call Preparation Questions
How does political instability affect the company’s ability to forecast oil prices?
About 35 percent of the world oil supply of 85 million barrels of oil per day comes from areas with political instabilities (the Persian Gulf, Venezuela, and Nigeria).
How have environmental concerns affected the company’s exploration activities?
Petroleum and natural gas well blowouts in the past have caused oil and natural gas well drilling to be associated with toxic spills and site contamination.
