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  • Pipeline Projects

  • James Askwith

    Guest
    November 20, 2020 at 9:18 pm

    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?

  • Fabrizio Sutera

    Member
    November 24, 2020 at 2:28 pm

    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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