Industrial Automation & Sensors Report




Lower Oil Prices Will Trigger a Regime Change in the Energy Markets

by Chris Rommel

Key Findings

  • Recent drops in the price of oil will have the most effect on deep-sea drillers and other expensive forms of oil extraction.

  • Price wars between geopolitical players such as Saudi Arabia will begin in an attempt to starve out high-cost operators.

  • Alternatively, natural gas applications such as pressure sensors for CNG compressors will see continued growth.

  • Pricing conditions in the natural gas markets are favorable, which will support efforts to export it to Asian and European markets.

  • The long-term outlook for alternative energy remains positive.

Download the VDC View