Will Oil’s Pain Trigger Others’ Gain?

A pandemic can accelerate change. Take for instance the rapid adoption of video meetings like Zoom. Could COVID-19 also change the trajectory for oil demand? On this week’s episode, we consider the potential for an oil price spike caused by a lack of new capital investment. What if this occurred, just as electric cars were entering a more mature phase for consumer adoption? Could governments around the world accelerate the trend by choosing to support EVs with stimulus spending? ...