Oil, gas and mining

Are Falling Gas Prices Creating a False Sense of Security?



US and European natural gas prices have pulled-back dramatically over the last 4-6 months, but what’s on tap for 2023? This week’s Bloomberg Intelligence energy research call discussed the following:

+BP’s 2023 Energy Outlook, Including Key Themes:
+Declining Role for Hydrocarbons (Oil, Gas and Coal)
+Rapid Expansion in Renewables
+Increasing Electrification
+Growing use of Low-Carbon Hydrogen
+Ember Climate’s Analysis That Shows Wind and Solar Generation Exceeded Gas For the First Time in 2022
+4Q Earnings for Orsted, ExxonMobil, Chevron, European Oil Majors and Other Energy Players

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Speakers included:
Rob Barnett, Senior Energy Analyst

Will Hares, Senior Oil and Gas Analyst

Fernando Valle, Senior Oil and Gas Analyst

Salih Yilmaz, Senior Oil and Gas Analyst

Patricio Alvarez, Gas and Utilites Analyst

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2 Comments

  1. My hobby is researching climate change, related predicaments of overshoot of the human endeavor including the reaching of peak oil extraction. Our modern civilization is in trouble. See video “The Simple Story of Civilization” by Dr Tom Murphy | Frankly #22. Soon the start of Great Simplification posited by Nate Hagens.will be apparent.

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