According to the results of a 2023 survey, the majority of U.S. oil and gas company executives expected the energy transition to lead to an increase in crude oil prices. One-third of respondents foresaw significant growth or slight growth, respectively, as a result of a greater focus on renewable energy sources. Higher crude oil prices benefit oil and gas companies as it makes their operations more profitable.
Looking five years ahead, what impact do you expect the energy transition to have on the price of oil?
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Dallas Fed. (September 27, 2023). Looking five years ahead, what impact do you expect the energy transition to have on the price of oil? [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1427730/energy-transition-impact-on-price-of-oil-us-survey/
Dallas Fed. "Looking five years ahead, what impact do you expect the energy transition to have on the price of oil?." Chart. September 27, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1427730/energy-transition-impact-on-price-of-oil-us-survey/
Dallas Fed. (2023). Looking five years ahead, what impact do you expect the energy transition to have on the price of oil?. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1427730/energy-transition-impact-on-price-of-oil-us-survey/
Dallas Fed. "Looking Five Years Ahead, What Impact Do You Expect The Energy Transition to Have on The Price of Oil?." Statista, Statista Inc., 27 Sep 2023, https://www.statista.com/statistics/1427730/energy-transition-impact-on-price-of-oil-us-survey/
Dallas Fed, Looking five years ahead, what impact do you expect the energy transition to have on the price of oil? Statista, https://www.statista.com/statistics/1427730/energy-transition-impact-on-price-of-oil-us-survey/ (last visited November 22, 2024)
Looking five years ahead, what impact do you expect the energy transition to have on the price of oil? [Graph], Dallas Fed, September 27, 2023. [Online]. Available: https://www.statista.com/statistics/1427730/energy-transition-impact-on-price-of-oil-us-survey/
