New paper: Searching for a New Balance in the Oil Market
The world oil map is being redrawn, as Russia is looking for new energy markets and the EU looks for alternative producers of fossil fuels. We may aim for an orderly energy transition but in reality the last phase of the fossil fuel era may be relatively chaotic. This HCCS paper aims to shed light on some of the structural issues that contributed to the current crisis, as well as look ahead into some important trends in the oil market up to 2050.
