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Oil industry faces headwinds, but natural gas, renewables have a bright future, Tulane prof says

Por: The Advocate Business September 17, 2022

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The price of crude oil has gone up more than 29% since the start of the year, because of rising demand and Russia’s invasion of Ukraine. But a finance professor at Tulane University said the oil industry still faces significant headwinds.“Oil doesn’t produce electricity and what we need is more electricity,” Peter Ricchiuti, who tracks regional stocks across the South through Tulane’s Burkenroad Reports, told the Rotary Club of Baton... + full article



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