Driving Down Costs in a Digital Oil and Gas Future

Driving Down Costs in a Digital Oil and Gas Future

Driving Down Costs in a Digital Oil and Gas Future
by Alberto Mihelcic Bazzana – Finance Expert @ Toptal #Digital #Gas #Oil

The oil and gas industry has been always a story of boom and bust, but times might be changing. We are now entering an era of major social, technological, and political trends that could reshape the environment in which oil and gas companies operate.

Optimism regarding resource abundance and profound technological innovations are leading to sustained lower oil prices and a focus on cost, efficiency, and speed.

The mantra of “digital oil and gas” is leading to a culture of cost control, which is, in turn, providing more long-term security to an industry that previously had tended to blindly ride the waves and duck the dips.

For the past three years, we have been in a price “dip” and with large macro themes such as electric vehicles and shale gas prevailing, there is no indication that high prices are again around the corner.

Continue reading in https://www.toptal.com/finance/mergers-and-acquisitions/sports-franchise-valuation


 

About Daniel Lacalle

Daniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Author of bestsellers "Life In The Financial Markets" and "The Energy World Is Flat" as well as "Escape From the Central Bank Trap". Daniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Frequent collaborator with CNBC, Hedgeye, Wall Street Journal, El Español, A3 Media and 13TV. Holds the CIIA (Certified International Investment Analyst) and masters in Economic Investigation and IESE. Holds the CIIA (Certified International Investment Analyst) and masters in Economic Investigation and IESE.

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