Welcome to the 5th TLE Forum. The Editorial Board is pleased to present a panel of distinguished industry experts and executives, representing the petroleum and investment banking industries, as well as geophysical services companies.

I am holding a copy of the latest Forbes magazine, dated October 18. The cover page has the headline “Why $45 oil is good for you.” Evidently, some experts believe that high pump prices are driving new technologies to explore new sources of fuels and maximizing extraction methods. High oil prices are giving oil companies incentives to make long and expensive bets. Of course, the price...

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