Do Cheap Gas Prices Concern BP?

5 Views · Lifestyle

Even though current oil prices are coming in just above 30 dollars a barrel, British Oil Compnay BP remains optimistic about the future. In their latest annual energy outlook, they see long term trends rising, with crude oil prices spiking toward 100 dollars a barrel, increases in shale output, and new production from canadian tar sands. BP also still believes in fossil fuels, as Chief Executive Bob Dudley says they will provide 80 percent of the total energy supply in 2035

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