US Oil

US Oil Price Dips Below $0 for the 1st time in history (Source Financial Times)

Benchmark US oil prices crashed into negative territory in April 20, 2020 for the first time in history as the evaporation of demand caused by the coronavirus pandemic leaves the world awash with oil and not enough storage capacity.

Question 1 In your own words, and based on the readings/videos and the slides, what would be key enablers and inhibitors for Oil related disruptive technologies?

Question 2  Choose your favorite cloud based technology (Use PLATFORM AS A SERVICE)and explain what key enablers and inhibitors apply to that particular service, in the context of the market it competes in.
Did the technology you selected displace any previous technologies? If so, how and why?
AWS example can be mentioned

One page for each question-answer

USE EXCLUSIVELY THE FOLLOWING RESOURCES TO ANSWER BOTH QUESTIONS. It should be straight forward (question-answer) no introduction needed. Please relate to the reading or videos and mention it in the answer.

Readings / videos:

Global trends https://www.andyross.net/global_2025.htm
Key enablers and inhibitors https://repository.up.ac.za/bitstream/handle/2263/59891/Mudaly_Business_2017.pdf file is really long but take a look at important data/info and charts and conclusions

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