2024-03-20 08:00:00 ET
Summary
- Demand for fossil fuels will not grow indefinitely, but it will probably be more resilient than most may expect. Meeting the world’s energy needs will likely require a combination of renewables and fossil fuels for decades to come.
- The long-term outlook for natural gas is constructive given its cleaner burning qualities, while natural gas liquids (NGLs) should be supported by growing global demand for plastics.
- Even in worst-case scenarios, pipelines provide optionality and can be repurposed if no longer serving their original purpose.
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For further details see:
The Staying Power Of Oil And Gas Pipelines