Predicting how an industry will look 20 or more years from now is always a challenge. There are always unforeseen factors that have potential powers of disruption that could throw any forecast out the window, and that’s why long-term forecasts tend to be generally vague. Unless they’re about oil and gas.
When it comes to oil and gas, there are two schools of long-term forecasting thought, and these two schools are at odds with each other. One school—the transition school—argues that the electrification of transport and the…What Does The Future Look Like For Oil & Gas?
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