Global Energy Investments Rekindle Interest In Oil And Gas

For years, OPEC has warned that not enough is being invested in future oil and gas production on a global scale. For years activists have been calling for an end to even that reduced investment. Meanwhile, last year’s energy squeeze in Europe seems to have opened a lot of eyes to the fact that whether activists like them or not, oil and gas remain essential.

And after almost a decade of underinvestment, the energy industry is once again spending on future supply. Goldman Sachs reported this month that there were currently 70 large-scale oil…