President's Letter

Dear Reader, The last thing you need right now is another dreary recitation of industry statistics that show how hard hit the global oil and gas industry has been in the last 18 months. So, I will spare you the gory details. The fact is that, over the past two decades, new technologies have produced gluts of both oil and natural gas. For the downstream industry, this has led to abundant and relatively inexpensive feedstocks for the refining, petrochemical and gas processing/LNG industries. In regard to the gas processing sector, the world is watching natural gas become the fastest-growing fossil fuel. Growth on both the supply and demand sides has resulted in the announcement of billions