November 2012

Columns

HP Insight: Predicting the future is no easy task

In the fourth quarter, the emphasis shifts to planning for next year. Many hydrocarbon processing industry (HPI) companies have completed third-quarter earnings report and are gauging how their perfor..

Romanow, Stephany, Hydrocarbon Processing Staff

In the fourth quarter, the emphasis shifts to planning for next year. Many hydrocarbon processing industry (HPI) companies have completed third-quarter earnings report and are gauging how their performance “measured” up to their goals as well as their performance against last year metrics. Likewise, the think-tank agencies have reviewed third quarter earnings reports for HPI companies and are preparing their forecast for the industry, in some cases with a 30-year view. Forecasts are difficult predictions to manage, especially after a substantial reorganization of wealth, markets, product demand and supplies along with profits as what occurred due to the 2008 economic crisis. In th

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