Natural Resources >> Analyst Interviews >> July 11, 2011

High Oil Prices Cause Majors To Increase Spending – Philip H. Weiss

PHILIP H. WEISS is a Senior Analyst covering the energy sector at Argus Research Company. Prior to joining Argus, he worked as a Senior Institutional Writer for T. Rowe Price, where he wrote commentary for investment strategies and white papers on investment-related topics. Mr. Weiss also worked as a Writer, Analyst and Co-Portfolio Manager for The Motley Fool's Cash-King Portfolio and Rule Maker Portfolio. There, Mr. Weiss wrote mainly company-focused reports and columns discussing accounting, financial and earnings manipulation. He began his career with Deloitte & Touche LLP, where he specialized in international tax research and planning. Subsequently, he worked for Fortune 500 firms in the health care and business-to-business industries. Mr. Weiss holds a B.S. from Rutgers University. He is a CFA Charterholder, a CPA in New Jersey and a member of the Baltimore Security Analysts Society. Profile
TWST: What should investors focus on when looking at the space?

Mr. Weiss: In the current environment, it seems likely that oil prices are going to stay at relatively elevated levels; however, there

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