Introduction
In today’s column I continue with the summary recap and overview of my effort to evaluate the impact of the 2020 global general crisis on Guyana’s infant oil and gas sector. To recall, this effort is being pursued under four broad headings. Last week’s column addressed the first heading in its re-visit of my specification of the crisis and its unique footprints. Today’s column addresses the second heading. It takes advantage of the new year to gauge actual outcomes for the global economy in 2020. And, based on this, global crude oil trends and prospects for 2021 and beyond.
Next week’s column will then address the third heading. That is, the revealed impact of the global general crisis on Guyana’s economy and its crude oil and gas sector.