Why Energy Will be Driven By Profitability in the Future
The
energy business cycle has always been dominated by boom and bust
cycles. Through changes in technology, economic conditions and
regulation nothing has altered that cyclical pattern. We have, however,
seen driving forces of change affect the energy business cycle both for
the good and not so good.The Big Shift in energy today is not what you
think. It is not going to be driven or dominated by political
correctness or government industrial policy. The big shift in energy is
not pro-coal. It is no pro-renewable energy. …Read more...
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