BP Energy Outlook 2023 – NatGas Demand & LNG Exports Growing

The mighty BP (formerly British Petroleum) is an oil and natural gas company trying to convert itself into a renewable energy company. We'd say they're failing, big time. BP has gone screwy. It’s a European company and has bought into the false narrative that fossil energy is on the way out due to concerns over mythical global warming. In BP's recently published Annual Energy Outlook for 2023 (full copy below), the company predicts (once again) that fossil energy is on the way out, but now it's happening even faster than before because of (a) Putin's war on Ukraine, forcing Europe to adopt unreliable renewables even quicker than before, and (b) Biden's so-called Inflation Reduction Act, pouring billions into the effort to smash fossil energy and elevate electric-everything.

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