The Advocate: Louisiana braces for refinery closure as Shell retains Gulf emphasis amid global production cutback
Eric Smith, professor of practice and associate director of the Tulane Energy Institute, was interviewed for a New Orleans Advocate story about the impact on Louisiana of Shell's plan to reduce oil output as part of its goal to become carbon neutral by 2050.
"Those big floating facilities will continue to be out there, but as production from existing (facilities) decline, you could see a significant drop off by 2050, especially if there are no new leases and nobody is looking for new oil fields," said Eric Smith, associate director of Tulane University's Energy Institute.
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