Natural Gas Overtakes Crude for Top Energy

Posted: September 3, 2021
Category: News Pulse

RP Weekly Recap | August 30 – September 3


Global oil demand will reach a new high in 2025, barely eclipsing its 2019 record, but natural gas will overtake oil in 2032 and retain the top spot among primary energy sources through 2050, according to the latest Energy Transition Outlook 2021 released by DNV. As natural gas fills the demand gap left as coal demand falls by 62% through 2050, the Energy Transition Outlook still predicts the energy transition is moving too slowly to achieve the goal of slowing global warming sufficiently, unless more dramatic measures are taken. Check out this story and more in this week’s recap of all things happening in oil and gas!

COVID-19 Updates

COVID-19 Statistics

  • Number of Cases (Worldwide): 219,273,783 (up from 214,962,872 last week)
  • Number of Cases (USA): 39,562,893 (up from 38,406,617 last week)
  • Statistics courtesy of Johns Hopkins

Financial & Economic Updates

U.S. Oil Market News

Global Market News

Employment Updates

United States Rig Count

  • DOWN (-11) from last week for a total of 497
  • Up 94.6% from one year ago
  • Statistics courtesy of Baker Hughes


Content UpdatesNews PulsePodcast

  • Sam Gibbs revolutionized the way a rod pumped well would be managed dozens of times over. As a brilliant engineer, mathematician, and disciplined man he worked passionately to change the trajectory of rod pump technology for generations. Find out more in episode seven of Hydrocarbon History!

  • With Hurricane Ida ripping through the South, you may be curious as to how offshore platforms navigate these situations. While hurricanes are devastating onshore, they are downright destructive when it comes to offshore platforms. These massive structures are built to withstand the elements, but what happens when the power goes out and the wind picks up? Our latest Periodical will break down how companies prepare and execute evacuations in times of emergency, as well as what procedures must be taken to ensure that everyone makes it off safely.

  • RARE PETRO is the tik talk of the town! Short-form content to educate both the public or industry professionals is available NOW! Check out our latest Tik Tok Video diving into how offshore infrastructure can provide better aquatic environments than coral reefs. 

  • Grab a drink and join us for our newest segment, Thirsty Thursday: An Inventory Report to see if we’ve been poured another tall glass of crude and whether or not the U.S. was thirsty enough to suck down another round. 

Click below to subscribe to the RARE
PETRO Podcast Network or visit

The information contained in this newsletter is provided by RARE
PETRO Engineering, PLLC via the linked sources unless otherwise

Send Us a Message

Rare Petro Logo

1224 Washington Ave,
Suite 10
Golden, CO 80401

(720) 772-7371

Rare Petro Logo


Oil & Gas News Pulse


You have Successfully Subscribed!