Does the Oil Industry Have a Future? (Part I)
By Julián Salazar Velásquez -- January 24, 2023
Ed. note: Julián Salazar Velásquez is a geologist and petroleum engineer with a nearly 50-year career in the Mexican and Venezuelan oil industries. A leading educator and proponent of free market energy, he is author of numerous articles and Gerencia Integrada de Campos de Hidrocarburos (2020), a primer on the oil industry value chain. His four-part world view starts today and continues this week in Part II, Part III, and Part IV.
The current depiction of the oil and gas industry is not only incorrect but worrying. In the more than two years that I have been educating at conferences, in courses, in articles, and in my book—I have seen how unsound dogma threatens progress and prosperity in our countries.
Background
In December 2021 in Petroleum Magazine, I published “Energy Transition or Transgression? What to do in the face of the global campaign against the oil industry with the political threats of anti-fracking and global warming?”
I gave a talk on the article at the Venezuelan American Petroleum Association (VAPA), Venamerica, and “Colegio de Ingenieros de Venezuela—Monagas” (CIV-MONAGAS). The conference title–“The two great current threats to the oil industry: anti-fracking and global warming”–refers to legal prohibitions based on unfounded catastrophic environmental impacts.
https://wattsupwiththat.com/2023/01/24/does-the-oil-industry-have-a-future-part-i/