According to Ken Rogoff, a Harvard economist, the oil and gas industry may require an extended period to recover from a recent substantial market disruption. Rogoff indicates that extensive changes in prices might be necessary to stabilize the market following what he refers to as the 'mother of all shocks.' These adjustments could have long-lasting effects on supply and demand dynamics. With the industry grappling with such volatility, stakeholders are urged to prepare for a protracted pathway to market equilibrium and anticipate the potential economic impact that might unfold over the coming years.