Public protests against perceived government inaction in the face of climate change are beginning to undermine the image of gas as a clean fuel. (PA)
1. The US trade war with China
Impact: Downbeat for gas demand
Flying in the face of conventional wisdom, US President Donald Trump said in March 2018 that trade wars are “good and easy to win”. The trade war between the US and China has escalated to the point that it is starting to slow global economic growth, reducing the outlook for oil and gas demand. This has taken its toll on oil and gas prices. The deteriorating economic climate will start to influence FIDs...
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