Does queueing theory explain oil’s wild price swings?

Price movements in the short run contain very little information of importance for long-term planning. To pay too close attention to every decline in the oil price would be the equivalent of halting construction on one’s home every time the sun comes out believing that a new era of permanent sunshine and balmy weather obviates the need for shelter.

Energy and the health sciences: A strategic management perspective

Although it is not yet palpable or palatable, it is logical and an empirical fact that rising energy prices equally threaten the health sciences. The vast majority of health professionals with whom this author has spoken classify high energy costs as troublesome but temporary, as well as outside the boundary of the health professions. A review of the literature shows virtually no research has been conducted on energy strategy and the health sciences – or the role of petroleum-based products – for three decades.