WoodMac Report: 5 Reasons to be Cheerful for Fossil Energy

It's been a tough year for many people--for just about every human on planet earth. Russia's illegal invasion of Ukraine and the fallout with Europe cutting back on purchases of Russian oil and natural gas have rippled across the planet, causing high energy prices and a recession. Energy consulting firm Wood Mackenzie (WoodMac) has put together analysis in a new report that looks for the proverbial silver lining in all the bad news. WoodMac has appropriately named this report, "The Silver Linings Playbook." In it (full copy below), WoodMac lists five key developments that, despite the setbacks of the past year, are "laying the foundations for the delivery of more reliable, affordable and sustainable energy." Interestingly, all five of the developments deal with using more fossil energy.

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