Oil prices at $100 or at $20? That’s a normal range, BP Head of Energy Economics says

Offshore Energy Today has recently interviewed Mr. Paul Appleby, Head of Energy Economics at BP. Mr. Appleby, who is responsible for the renowned BP Energy Outlook, will be a keynote speaker at Offshore Energy event in Amsterdam, on October 25. We touched upon a plethora of subjects from oil prices, the future fuel mix, primary energy demand drivers, to the current situation in the oil and gas market.

OET: You are the Head of Energy Economics in BP, leading the production of BP’s Energy Outlook. Also, looking at your resume and history with BP spanning over three decades, and the titles that you’ve held, is it safe to assume you know everything about anything related to oil & gas?

That would be a very dangerous assumption, and I would be wary of anyone who claims to know everything about oil and gas. It’s obviously a vast, complicated subject, and it’s constantly changing. I think it’s probably why I’m still doing this after more than thirty years. There’s something to learn every day.
Hopefully, all those years of experience allow me to provide some useful insights about oil and gas markets. (Laughingly) So I don’t know everything, but a lot.

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