World Oil Editor Fired Over Shale Columns

World Oil Editor Perry Fischer was fired today by John Royall. While no reason was given, it is clear that this was related to his role in allowing me to publish a different view of the shale plays. Perry did a lot to elevate World Oil above the level of a trade magazine since joining the staff in 1998.

It is particularly unfortunate to see this behavior from the management of an old and respected publication like World Oil (it was first published in 1916).

As John Dizard recently wrote in the Financial Times about shale plays, “…along with the technology you can also thank the advanced American ability to extract money from investors. The key element of this national characteristic is the willingness to listen carefully to determine what people with money want to hear, and then tell them that. Again and again.”

I wish Perry all the best in his job search.


Comments are closed.

This website uses cookies and asks your personal data to enhance your browsing experience.