Post lockdown
#16
Re: Post lockdown
Don't assume that about oil prices long term - investment is being reduced so dramatically this year that by 2022ish there may be a shortage of oil (assuming the pandemic is over), resulting in prices having to rise up over $60 or higher to make things balance.
#17
Re: Post lockdown
Then there is the very real risk that a medium term collapse in oil prices may destabilize several countries in the Middle East.
#18
BE Forum Addict
Joined: Jan 2011
Location: Dubai
Posts: 3,467
Re: Post lockdown
Working from home is all well and good. However, once remote working is established, it won't take long before some bright spark Accountant starts asking why Peter working from home in Plymouth can't be replaced with Prakash working from home in Pune, saving three quarters of the cost. The big UK Engineering Consultancies, now mostly American owned, all operate offshore design houses: Poland, India, Philippines, churning out drawings, schedules and the like. It's a slippery slope...