The Future of Energy and Transports

Bill Smeed: We're coming off back-to-back years where oil and gas in the U.S. were singularly the best place to be. He says there was a huge initial burst, and then there was a corrective process that followed for a year or two. So far on the S&P, if we have a look at industry groups, the ones which have done worst are housewares, he says.