As Bohr and Berra noted, trying to forecast future events is no easy task. Yet numerous media outlets are devoting space these days to offering predictions of what may happen in the New Year. Why? Reading such articles can be a fun – and, dare I say, much-anticipated – annual exercise for readers. Moreover, it can put current industry trends into context and offer educated guesses about the outcomes of these trends.
DownstreamToday is participating in this annual media ritual, but with a twist. I’ve asked several prominent figures in the refining, petrochemicals, pipeline, LNG and related sectors to summarize their expectations in one word. They subsequently explained their choices in a paragraph or two, but I believe that the string of 11 – actually 12 – key words below provides an interesting outline of what to be on the lookout for in the downstream oil and gas industry in 2016. Some sources even appear to be, like Bohr and Berra, on similar wavelengths. So, without further ado, enjoy our panel of visionaries’ outlook for the next 12 months!
Download the PDF below to read the rest of this article from DownstreamToday, including AspenTech E&C Industry Marketing Director Ron Beck's own prediction for 2016.