Unraveling The Inventory Riddle: Q1 2012

Photo Courtesy of MRC Global Inc.

Susan Murphy | Publisher

This month we unraveled the inventory riddle. As you would expect, there’s a whole lot more to this critical task than reading ‘Texas Tea’ leaves! Our inventory survey, designed to measure the demand for OCTG, encompasses the entire supply chain. Thus, we count pipe at truck terminals, mills, processors and inspection yards across 48 states every quarter.

While our April Report reveals a host of minute details, the bottom line is that  inventories of “prime” pipe rose in Q1 2012. Taken out of context the news of an inventory increase could  be perceived as a negative in what might be called a tricky transition period, but let’s not forget “every cloud has a silver lining.” So will April showers bring May flowers? Our forecast bodes well for the short term.

About The OCTG Situation Report

Susan Murphy is the Publisher + Editor in Chief of The OCTG Situation Report, a leading authority focused on the North American Oil Country Tubular Goods market. Susan has worked alongside the founder of The OCTG Situation Report, Duane Murphy (and yes, there is a family connection!) for the past decade assisting in various aspects of producing the monthly publication and special projects including market research and development. It had long been suspected that Susan carried the 'OCTGene,' a fact that was confirmed when she took the reins in 2012. A native of Michigan and now practicing cowgirl, Susan employs her education from both the University of Michigan and Michigan State University bringing her expertise in the areas of research, marketing, branding and creative and technical writing to The Report. She has also enjoyed a successful business career as a lauded entrepreneur, running her own brand/marketing and advertising/design firms.
This entry was posted in Inventory, OCTG, Oil & Gas Industry, Oil Country Tublular Goods, Oil Patch, Oilpatch, Pipe, Tubular Goods and tagged , , , , , , , , . Bookmark the permalink.

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