– The global oil and gas market is expected to grow from $6,098.98 billion in 2021 to $6,819.04 billion in 2022 at a compound annual growth rate (CAGR) of 11.8%. The market is expected to reach $10,376.28 billion in 2026 at a CAGR of 11.1%.
– Asia Pacific was the largest region in the oil and gas market in 2021. North America was the second largest region in the oil and gas market.
– Low interest rates in most developed countries will positively impact the oil and gas industry during the forecast period.
– Oil price volatility is likely to have a negative impact on the market as significant decline and increase in oil prices negatively impacts the government and consumer spending.
Major companies in the oil and gas market include Royal Dutch Shell, BP plc, Saudi Aramco, Exxon Mobil, Gazprom PAO, Chevron, Iraq Ministry of Oil, PJSC Lukoil, Total SA, and Rosneft.
Going Great for Democrats as they strangle America & other countries !!!!
Plenty of OIL
Plenty of Gas Gouging everybody is what Govt does
Plenty WHEN Trump was in so Plenty NOW too !!! ALL a Scam from Democrats
Trump PROVED there was Plenty of Oil & Gas & we paid Under $2.00 a Gal to Prove it !!!
Now is Nothing but BIDEN LIES !!!!!!
ONLY reason gas & Oil is HIGH is for DEMOCRATS to FORCE you to give up your Vehicles & go ELECTRIC !!!
ONLY for their FAKE Green cause , which NONE of the $$$$ will go to make ANYTHING Green but THEM !!!!!!
People NOT giving up their Paid-For vehicles for the dirty Govt > HELL NO CIVIL WAR coming
Engines won’t be going Anywhere !!!! Fact Get used to it