11.16.17 Permian and Peak Demand: Death of OPEC?
The world of oil and gas is changing. On the supply side, the rebound in production from the Permian has transformed the geopolitical pressures and has raised the question if OPEC has any ability to control prices. With the projected transformation of the transportation fleet to electrical systems, does the idea of “lower for longer” have validity? These are some of the questions that were addressed at the symposium held on November 16, 2017 at the University of Houston.