Renewable and fossil fuel energies are more likely to collaborate than compete as the world makes its energy transition, but even with new technologies, the shape of that future is still anchored in natural gas.
Oil and Gas Investor
Maarten Wetselaar, integrated gas and new energies director, Royal Dutch Shell Plc, came to Houston to talk about horse carriages.
Specifically, he noted the two decades in which carriage makers went into a steep decline in the U.S. In the early 1900s, about 4,000 companies were engaged in building carriages. By the 1920s, about 90 companies remained.