Oil and Gas in the 21st Century

I just accepted a position in the Natural Gas industry in hopes to become a Natural Gas Trader. It seems like every day there is a new government regulation limiting the use and infrastructure of natural gas. A push for a low carbon society is really starting to take over. Realistically did I screw myself hoppping into a dying industry? Or will it still be prevelant in centuries to come?

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Comments (13)

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Feb 27, 2020 - 10:14am

The big talking point is electric vehicles reducing demand for gasoline but what is often not talked about it the ubiquitous presence of petroleum derivatives in LITERALLY EVERYTHING.

If you're only looking at the sector's performance in public markets it does appear that it is going through elongated death throes but from my perspective within the industry is that it is more of a metamorphosis. Natural gas is getting beaten down right now but I believe its heyday is fast approaching as we transition from liquid hydrocarbon dominance to more sustainable energy sources. Also your time horizon here is decades, not centuries... you will be fine.

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Mar 1, 2020 - 10:19pm

Increased infrastructure regulation is good for volatility. Pipelines aren't trying to build to low demand areas, they are trying to build from supply to market zones. So by stopping projects means your peaking markets will only get peakier. While I think all this rhetoric and attacking of the energy industry is dumb - in my own self interest a ban of fracking would be the best thing for a trader right now. Give me 10 years of extreme volatility so I can retire lol

Mar 6, 2020 - 1:45pm

I would take the job. Gas is not going anywhere for the next couple decades, and even then it will be turning into a non-growth/downsizing industry rather than a dead industry.

If worst comes to worst there are areas to which you can transition from gas trading - i.e power or hydrogen trading. Both will be growth sectors in the next few decades and should give you a good safety net.

Nov 8, 2020 - 7:41am

If you scour the news with attention, you will see that despite the constant hammering of ESG, very few companies are actually do something to meet targets. There's a degree of reality, but a large portion of this thing is just PR. You will read ''investors call for blah blah blah'', a generic corporate answer, the creation of some sort of sustainability department and that's about it. 

It's a tug of war between liars. 

Never discuss with idiots, first they drag you at their level, then they beat you with experience.

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