08-08-2015, 05:52 AM
This might be a good time and place for a quote from this morning's OPEC/quiet moments:
'With the global population rising from 7 billion to more than 9 billion by 2050 and total energy demand nearly doubling, “hydrocarbons are going to be needed for an awfully long time,” Pickard says.' (Bloomberg Business) Pickard is Shell's top executive for the Arctic. It sure sounds to me from that that the need and demand for natural gas is going to increase big time in spite of increasing proportions of renewables.
'With the global population rising from 7 billion to more than 9 billion by 2050 and total energy demand nearly doubling, “hydrocarbons are going to be needed for an awfully long time,” Pickard says.' (Bloomberg Business) Pickard is Shell's top executive for the Arctic. It sure sounds to me from that that the need and demand for natural gas is going to increase big time in spite of increasing proportions of renewables.