Publications: Notes at the Margin

The Oil Industry and the Boeing 2707 (October 19, 2020)

 

The Energy Intelligence Group (EIG) held its annual meeting of oil executives, consultants, and hangers-on this week. For years, the conference had been titled "Oil & Money." It has been renamed the "Energy Intelligence Forum," and the Paris Herald Tribune, now The New York Times International Edition, is no longer a sponsor. The conference also took place virtually in 2020 thanks to the global pandemic, whereas it had previously been held in London.

 

Little else has changed, though. The speakers from the oil industry remain bullish, still convinced that oil is essential to economic growth. Consumption will continue to expand, according to most forecasts. Indeed, as noted in our report section titled, "Your Money or Your Life," everyone seems to believe that things will go on as they have.

 

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