Oil prices are at a 7-year high, with demand getting back toward pre-pandemic levels as the world attempts to restore economies from the impacts of covid. Oil & gas companies are feeling bullish for the first time in years, forecasting strong demand for their product for decades to come, despite the pressures of energy transition and increasingly strong climate policies. In fact, they\u2019re bold enough to blame high oil and gas prices on the energy transition, and using those prices as an argument against it. So are they right? Or are they simply in denial about the future of their business?<\/p>\n
In this episode, Bloomberg energy opinion columnist Liam Denning returns to sort through the various factors that are working for and against continued investment in the oil and gas sector, to understand just how much the energy transition is affecting the ever-changing outlook for their business. We also discuss the tight and delicate balance between supply and demand at this point in time, and consider where it might be going in the coming years, particularly in light of climate policy targets.<\/p>\n
This is our deepest dive into oil and gas to date, so don\u2019t miss it!<\/p>\n","protected":false},"excerpt":{"rendered":"
What is the outlook for oil and gas, and how will the world manage the supply\/demand balance as the energy transition proceeds?<\/p>\n","protected":false},"author":4,"featured_media":0,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[111],"tags":[717,28,261,223,16,90,30],"class_list":["post-3348","xen_episodes","type-xen_episodes","status-publish","hentry","category-energy-transition-show-podcasts","tag-chemicals","tag-evs","tag-gas","tag-oil","tag-oil-prices","tag-shale","tag-tesla","xen_guests-liam-denning"],"acf":[],"yoast_head":"\n