“If I were running this outfit, things would be a lot different around here!” “If I were the boss, I would…”

I'm sure all of us have said something like this during our careers. In the face of what appears to be endless reorganizations, layoffs, mergers, etc., it is easy to imagine that there must be a better way to run an oil and gas company. So let's do it. Let's set up an imaginary company, called MyCompany, to deal with some problems that are unique to our industry. The only catch is that we have to play fair—MyCompany must...

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