Carole Nakhle
Low Oil Prices Today May Not Mean Low Investment Tomorrow
GIS, 2016
What's inside?
Though oil prices are at multiyear lows and supplies are plentiful, new variables will determine the pace of future energy investment.
Recommendation
Oil prices have fallen steadily since their mid-2014 highs, so global energy firms are weighing the cost implications of their future oil and gas investments. Analysts using traditional metrics would predict that the low price of oil would constrain short- and medium-term investment in infrastructure, capacity and exploration, leading to significantly higher prices over the next decade. Yet as this insightful report from energy economist Carole Nakhle discloses, other factors that might upend conventional thinking are affecting the energy investment climate and supply flows. getAbstract recommends this brief but astute recap of the global energy complex to executives and business managers.
Summary
About the Author
Carole Nakhle, an energy economist, is the director of Crystol Energy, a consultancy.
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