Research Reports

Prospects for Oil & Gas

by James Kostohryz
February 9, 2021

In the long-term, the oil and gas industry is headed for extinction. However, oil & gas will continue to play a major role in global energy markets for at least the next 50 years. During this time, due to the specific (inelastic) nature of the supply and demand for oil & gas products, there will be exploitable booms and busts due to the high degree of cyclicality and volatility of oil and gas pricing.

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