石油和天然气行业对供应中断和价格波动并不陌生，但这一次似乎有所不同，因为投资者强制减少资本支出，导致石油和天然气资产投资不足。

此外，近期地缘政治和经济事件加剧了投资不足问题，能源转型、安全和多元化不平衡。然而，持续的价格强势和资本纪律可以帮助该行业应对 2023 年的不确定性，因为大多数公司的目标是平衡股东的优先事项、投资最好的碳氢化合物井并加速低碳业务。

The oil and gas industry is not new to supply disruptions and price volatility, but this time it seems different due to reduced capital expenditure mandated by investors leading to underinvestment in oil and gas assets.

Moreover, energy transition, security, and diversification are imbalanced as the recent geopolitical and economic events exacerbated the underinvestment problem. However, the ongoing price strength and capital discipline can help the industry navigate 2023 uncertainties as most companies aim to balance their priorities to shareholders, invest in the best hydrocarbon wells, and accelerate the low-carbon businesses.