Oil and natural gas : understanding the future

What future for oil and natural gas ?

Man has known oil and gas since time immemorial and their use was even recorded in the Old Testament. The inspiration for fire-worship, they were also put to more practical purposes, with oil being used both for caulking boats and covering roads and as a medicine for curing all ills !

Oil would later become the driving force for the industrial revolution.

Oil and gas are finite resources that take millions of years to form. The carbon dioxide they give off when consumed brings a risk of climate change, produced by the greenhouse effect. The gradual depletion of reserves and the human and environmental risks relating to oil mean we are having to give very serious thought to the respective roles of hydrocarbons and other energy sources in the future.