A Leadership Crisis
That is how we propose to deal with things in the future oil and gas industry. What we have today of course is a crisis of leadership. Muddling along has always been acceptable as the business model of the bureaucrats. Taking long stretches of time between profitable periods is what the industry has had to deal with, so they would say. That is certainly what you would need to say when their is no leadership involved. With the same production profile as last year. And the same production profile in natural gas as six years ago. What exactly are bureaucrats doing or going to do about the situation in the industry. Maybe a better question is what is going to happen to cause a leadership change?
Alternatives need to be proposed. Check. We have that in this community. A viable business model and community that only needs financial resources to proceed. What we do know as well is that bureaucrats never change. It is not within their DNA to be capable of the act. Our proposal will transform the industry into a dynamic, innovative, accountable and profitable industry. That is the basis of how we propose to lead the new oil and gas industry. With our value proposition being $45.7 trillion when fully valued over the next 25 years. You would think that bureaucrats who are in a financial crisis would act. It’s only in the oil and gas industry that you can propose to generate this much value and die of starvation.
Peggy Noonan was writing in the Wall Street Journal the other day about “Uncertain Leadership In Perilous Times.” And what caught my eye was the last part of this quotation.
Exactly what is needed now in terms of America’s defense, what is needed to deal with a possible parade of horribles? What might be needed down the road? There is a possible grim short term, and a possible grim long term. Who is thinking all this through? Are they getting the resources they need?
We saw the difficulties that the industry went through in the 1980’s and 1990’s as a result of low oil and gas prices. Systemic overproduction was a phenomenon that was not identified or addressed. It exacerbated the difficulties of the industry and could have been so easily rectified. A long and difficult period that devastated the financial condition of the industry, destroyed the investors confidence and ruined people’s lives who had invested their careers in oil and gas. I was fortunate to have never been laid off during that time, however, the people who remained were permanently changed into risk averse, timid souls. Not what the industry needed but probably the genesis of why the industry hasn’t taken any action. These timid souls have evolved to become the bureaucrats.
What I want to know is where are the resources that Peggy Noonan is stating “Are they getting the resources they need?” People, Ideas & Objects is running short and the transition to a viable going concern needs this support now. We have a job to do, one that has been clear to most people for almost a year now. And I think we can establish the fact that the bureaucrats will never do anything to support us. I am frustrated by the pace of this transition and my present inability to make this transition real.
The Preliminary Specification and user community provides the oil and gas producer with the most dynamic, innovative, profitable and successful means of oil and gas operations. People, Ideas & Objects Revenue Model specifies the means in which investors can participate in these user defined software developments. Users are welcome to join me here. Together we can begin to meet the future demands for energy. And don’t forget to join our network on Twitter @piobiz anyone can contact me at 403-200-2302 or email here.