bullish

Drilling Boom

397 Views06 Jun 2022 10:12
Syndicated
SUMMARY
  • Gas prices have skyrocketed over the last year as a result of supply shortages, elevated travel demand and geopolitical tensions in Ukraine.
  • With Demand currently Outstripping Supply, and the current administration struggling to secure resources, average gas prices have reached an all-time high of $4.63/barrel, with some estimating that it could climb annoyed 30-40% by the end of the year.
  • With renewable energy makers currently struggling to scale up, Biofuel and Renewable Natural Gas are now emerging as an alternative to power the transportation network and Grid.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
  • Loading...
x