Seeking, it seems, to mount a response to the increasing criticism being levelled at the global oil & gas sector in response to the linkage between fossil fuels and what the global environmental lobby says continues to be an alarmingly degraded environment, a high profile associate in SCF Partners, a US-based energy service company, had been seeking to mount a pushback against what he says has been the “demonizing of oil and gas,” contending that it could take up to three decades for alternatives to be developed to replace the product.
A report in last Tuesday’s Oil Industry News, a high profile oil & gas news source, quotes Colin Welch, described in the report as a North Sea Dealmaker, as saying that while hyped-up environmentalists continue to rail against oil and gas, the reality is that we will have no option but to continue to rely on those products as critical sources of energy for years to come.