As with any smart CEO or investor in this case, the difference is in how to prepare a strategy for dealing with volatile markets, as seen in the oil market. This is the cornerstone of a strategy that makes the oil companies could raise to the top and bottom of their industries depend on such large fluctuations in supply and demand and profitability. While the oil industry is now unprecedented prosperity, there comes a point when they saw the fall of profits and recession will need to prepare for an unknown period and survive until the next move the pendulum back.
This is not just pie in the sky to predict, but the trends in the industry in the oil industry, backed by years of experience, research and monitoring companies hardest hit by the sharp bend in the supply and demand in the market, and the big oil companies. Oil companies are accustomed to the nature of the adventure market that even though the market is good now for the oil companies, and prepare for a recession is coming and how to survive when demand exceeds supply and prices fell, and left them with significant changes in the implementation of how we work.
Even now, you can bet that every major oil company in the world has invested heavily in diversified business interests that could generate revenue to keep the business afloat when oil revenues are not favorable as now. This investment in real estate, stock market, and even in industries that is not relevant as far as retail trade or the entertainment industry. The most diversified companies can get, the more you are willing to cope with the roller coaster oil market.
Smart business practices are a good message for those who are investors in the oil industry as well. Just as companies fatten our portfolios so far a significant investment, and we must know that the recession will come and differentiation, while conditions allow. Then we can address the decline in oil as the next skilled companies live or die by the oil market is not out, year after year.