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Energy Companies Meet Skyrocketing Prices with Mixed Reactions Toward IT Spending

Product Type: Market Research Report
Published by: IDC
Published: May 2006
Product Code: R104-26553
Description

This Energy Insights Perspective looks at the effects of rising energy prices on IT spending in different areas of the energy supply chain.

Table of Contents
Table of Contents
In This Perspective
Introduction
Energy Prices Have Nowhere to Go But Up
Current Energy Prices Are High and Volatile
Figure: Percent Change in Energy Price by Type, 1980-2005
Figure: Average and Weekly WTI Spot Price per Barrel of Crude Oil, May 2004-May 2007
Energy Prices Are Expected to Continue Their Turbulent Ascent
Dramatic Price Fluctuations Will Have Varied Impacts on IT Spending
Taking a Closer Look at Impact on 2006 IT Spending by Energy Strategy Area
Upstream: More E&P Spending
Predictions
Wholesale: More O&G Spending That Will Lag Behind E&P; Constraints on Generation Spending
Predictions
Delivery: Pass-Through Costs
Predictions
Retail: Reallocation of Spending
Predictions
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