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2022-09-09 20:37:00 By : Mr. jack liang

Oil and gas players should put their money behind transition strategies rather than asking for carte blanche to drill more

OPINION: Tesla chief executive Elon Musk’s comments to the ONS event in Norway about the world needing “more oil and gas, not less” must have felt like a much-needed respite for many in the oil and gas industry.

As Europe faces the prospect of a stark winter amid a full-blown energy crisis, the Tesla celebrity’s words sounded like vindication, in line with what some industry hawks had been saying all along.

Are you short of gas and staring down the barrel of rocketing energy bills?

Never fear, let producers do what they do best: explore, drill and produce.

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