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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: jim_p who wrote (30383)2/28/2004 10:42:18 AM
From: Aggie  Read Replies (1) of 206092
 
Hi jim_p,

Still in the Caribbean, more work than I can handle and spending more time in HouTex than I prefer.

Things are extremely busy around here. All of the operators are having difficulty producing enough gas. There is very little spare production.

Our industry has moved from having operational people dominating senior management (pre-80's - the "sensible" era), to having bean-counters dominating senior management (80's-90's - "the spending controls" era), to having finance people dominating senior management (90's-now - the "satisfy the street" era).

The net effect is that understanding of the planning and implementation cycles is at an all time low - the current regimes don't get it, and their predecessors didn't either, so they couldn't pass it on. No one understands the distinction between cost and value, between time-value-of-money and time-value-of-planning.

-Sigh- I think I'll go sit by the pool and despair over my condition with a cold one.

Regards to all,

Aggie
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