The Challenge of Refining Capacity

Oil Supply & Demand in 2030 with Joel Couse

The energy transition will not be an easy path for a world built on hydrocarbons. The demand picture for the next decade is easier to divine than supply. To meet continued demand, more oil needs to be discovered and produced and more refineries are needed to transform it into the products we use. But who will invest? Who will  finance? And who will do it. What oil will be drilled and what will gasoline cost in 2030? What will be the consequences of disruption to this finely balanced market. Our guest is Joel Couse,Special Advisor - Energy Markets and Security at the IEA. Prior to the IEA, Joel was Chief Economist for TotalEnergies