Survey: rise in optimism

During a time when much attention is focused on the global recession, unemployment, and other gloomy reports, it was nice to see positive news recently.This month, accounting firm Grant Thornton LLP released the results of its 2010 survey of upstream US energy companies. The results are optimistic for the upstream industry compared with last year's report.This eighth annual survey was conducted from November through December 2009 with more than 100 responses from senior executives of independent producers, service companies, and transport firms. Of the respondents, 73% were E&P companies, 17% service firms, and 10% gathering and transportation companies.The companies that responded ha...

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