The following panel excert from Privcap Game Change in Houston can be found in the Privcap Game Change: Energy 2016 Report.  Privcap: If you had to pick one or the other— conventional oil and gas or renewables— over the next 10 years, where would you invest $100 million? Mark Bisso, Och-Ziff: The downturn has had some favorable impacts on the upstream sector—the industry is more efficient, capital structures are healthier, and the general approach to development is more constructive. If you look at the supply and demand dynamics, demand growth remains strong—we should be up 1.3 million barrels per day this year—and supply may face challenges as a result of the significant reductions in capital investment over the last two years.
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Source: Daily Dose of ShaleDirectories.com News