A Letter to the Oil Industry
In July 2008, the United States experienced the highest oil price ever on record—$145 per barrel of oil. But a year later, the price of a barrel of oil plummeted to $33.47—a 77 percent drop in value. For the average American, it’s a windfall, but who’s paying the price? For the thousands of small, minority, and women-owned businesses (SMWBEs) in the United States that pride themselves on servicing the oil industry, the past eight years have been beyond rough.
Happy New Year!
The start of a new year is always seen as a time for new beginnings. There is nothing in front of you except shiny new possibilities. I know you spent a part of the holidays resting and recouping from what was probably a wild ride through 2015. I certainly did.
Whether the outcome was good, bad, or indifferent, we know as business people, we cannot spend much time reflecting on the past. What’s done is done and we need to turn our attention to the future. So, the day after we finish our reflection, we start planning for the future. How will we make 2016 even better? Where are our opportunities and how are we going to take advantage of them?
MBE's Business Opportunities resource covers business-related financing, consulting, and programs available for the Supplier Diversity community and M/WBEs. Updated monthly.
MBE's M/WBE Resource Directory is a comprehensive list of resource organizations (including links) that support the Supplier Diversity community and M/WBEs.
Refer to MBE's Acronyms & Terminology list for frequently used acronyms and terminology and an overview of the major organizations supporting the Supplier Diversity community.
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