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Pipeline Projects
updated 1 day, 6 hours ago
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With the current global pandemic creating a drop in demand for oil how are people viewing the future of the industry?
Will the push for a new ‘Green’ global economy mean the long term demise of the industry or will we see surge in demand when we return to normal after the virus is under control?
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James, I think oil will always be needed to a certain extent. Even EV need (at least partly) fossil power plants, cant fully rely on renewables. In Switzerland, one of the greenest countries, renewables account for 60% of energy production, 40% is still oil. Maybe demand will be lower, but existing anyways. Agree?
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