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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.

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MBE Resource Center

MBE's Business Opportunities resource covers business-related financing, consulting, and programs available for the Supplier Diversity community and M/WBEs. Updated monthly.

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MBE's M/WBE Resource Directory is a comprehensive list of resource organizations (including links) that support the Supplier Diversity community and M/WBEs.

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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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