WhatFinger

Political and environmental pressure groups should realize that pushing too hard for change could produce a boomerang effect of unwanted-order

The $32 Trillion Push To Disrupt The Entire Oil Industry


The $32 Trillion Push To Disrupt The Entire Oil IndustryGlobal oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. International oil companies (IOCs) are likely to face a Black Swan scenario, which could end up being a boon for state-owned oil companies (NOCs). Increased shareholder activism, combined with global warming policies of institutional investors and NGOs, are pushing IOCs in a corner, constricting financing options for oil companies.
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