Pessimism meets optimism

THERE is nothing wrong with a good scare story, which is what Fereidun Fesharaki did last week when he warned that the oil price could slump to less than $US35 a barrel – a forecast that Slugcatcher finds interesting when stacked against the latest positive project development news.

Pessimism meets optimism Pessimism meets optimism Pessimism meets optimism Pessimism meets optimism Pessimism meets optimism
As chairman of the energy consultancy FGE, Fesharaki is a respected commentator on the oil industry and deserves to be heard, but the same level of respect should also be given to another consultancy,