Alex Dewar
Senior Manager
Washington, DC
Alex Dewar is responsible for business development and for managing the growth of additional topic expertise within the BCG Center for Energy Impact.
Prior to joining the CEI team, Alex spent seven years with BCG's Energy practice as a principal in both the Washington, DC, and London offices. He has advised clients around the world on oil and gas, power generation and transmission, and renewable energy topics.
The US gas market is seeing a raft of bullish price forecasts—but appearances can be deceiving.
The agreement to cut production may go some way to restoring the industry’s fortunes—but oil players will have to proceed carefully.
Companies will need to scale back their oil price assumptions for deals to flourish.
Oil producers are feeling the financial pressure created by the collapse in crude oil prices. To compensate for the lost revenue from exports, they will have to depend on budget cuts and foreign reserves.
In light of the pandemic and the supply shock in oil markets, gas companies must strengthen their positions and plan ahead.
On top of the demand shock in the oil market, sparked by COVID-19, is a supply shock that could flood the market. Even robust oil companies will face threats to their business.
Beijing’s decision to create a single national pipeline company will open up significant opportunities for global gas players.
Tax and policy initiatives are set to make the technology commercially viable in several applications. They could also trigger the development of a new industry.
The heat is on the industry to shift from hydrocarbons. For a successful transition, companies should start with no-regrets moves—such as reducing their own emissions.
