Oil prices have now dipped-albeit only briefly-below US$40 a barrel, a precipitous plunge from their highs of more than US$147 a barrel in July. Just as high oil prices reworked the international economic order, low oil prices are now doing the same. Such a sudden onset of low prices impacts the international system just as severely as recent record highs.But before we dive into the short-term (that is, up to 12 months) impact of the new price environment, we must state our position in the oi

Oil prices have now dipped-albeit only briefly-below US$40 a barrel, a precipitous plunge from their highs of more than US$147 a barrel in July. Just as high oil prices reworked the international economic order, low oil prices are now doing the same. Such a sudden onset of low prices impacts the international system just as severely as recent record highs.But before we dive into the short-term (that is, up to 12 months) impact of the new price environment, we must state our position in the oi

There are a lot of woulda-coulda-shouldas in this year of extreme upheaval in politics, the financial and energy markets. Among these are the various acquisitions that didn’t happen. This year more than any other year reinforced two hard and fast maxims for small (or smaller) companies It’s better to sell high than try to sell at the peak.Cash is kingOn the NYT DealBlog, the “deal professor” Steven Davidoff has a comprehensive list of all the deals that did and did not happen. But earlier in th

There are a lot of woulda-coulda-shouldas in this year of extreme upheaval in politics, the financial and energy markets. Among these are the various acquisitions that didn’t happen. This year more than any other year reinforced two hard and fast maxims for small (or smaller) companies It’s better to sell high than try to sell at the peak.Cash is kingOn the NYT DealBlog, the “deal professor” Steven Davidoff has a comprehensive list of all the deals that did and did not happen. But earlier in th

There are a lot of woulda-coulda-shouldas in this year of extreme upheaval in politics, the financial and energy markets. Among these are the various acquisitions that didn’t happen. This year more than any other year reinforced two hard and fast maxims for small (or smaller) companies It’s better to sell high than try to sell at the peak.Cash is kingOn the NYT DealBlog, the “deal professor” Steven Davidoff has a comprehensive list of all the deals that did and did not happen. But earlier in th