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Page added on November 10, 2017
Energy market disruption is underway
An unprecedented wave of disruptions is facing energy and mining commodity markets. We have already seen environmental policy, socioeconomic changes and technological innovation kick off a major transition to low- or zero-carbon technologies.
With the Paris Agreement targets set, governments are reinforcing their focus on meeting their greenhouse gas (GHG) reduction goals. This comes at a time when structural changes have lead to slower demand growth for hydrocarbons and several base metals compared with recent growth in supply. Many questions surround expectations for recovery from the resultant supply glut.
Renewable technology costs are falling, and as battery storage capabilities and economics improve, renewable energy will become more reliable and competitive — potentially further displacing demand for oil, coal and natural gas in the power sector. This raises major questions about the imminence of peak oil demand, the role of gas as a bridging fuel, and prospects for coal demand growth beyond the 2013 peak. But the pace, nature and implications of the transition are not easy to predict.
We have identified four major themes to consider as we look at commodity markets that are experiencing major transformations:
-The strong growth in hydrocarbon and base metal supply is not being matched on the demand side due to major transitions and structural changes
-As major commodity producers and consumers navigate the resultant supply glut, their strategic considerations will have wider implications on industry players
-Transitions to alternative technology in power and transport raise questions about the imminence of peak oil demand as well as demand growth for other fossil fuels
-Adapting to transitions in energy, the investment landscape presents new challenges and opportunities, requiring innovative strategies to access new markets or strengthen positions in traditional markets.
In our latest report, we discuss the key questions shaping commodity markets, to be addressed through our research over the remainder of 2017 and into 2018, and explore these four themes in greater depth.
117 Comments on "Energy market disruption is underway"
Dredd on Sun, 12th Nov 2017 5:07 am
The featured article appeared at the Hellenic Shipping News website.
The condition of the seaports is the primary factor (The Extinction of Robust Sea Ports – 9).
Davy on Sun, 12th Nov 2017 5:11 am
“Doctors do NOT impress me. They lose a lot of patients from incompetence. The most dangerous place to be, if you are sick, is in a hospital.”
Too bad for you mad kat and your situation with no health care in the P’s. At your age you should be seeing a doctor regularly. You probably have cancer in you already from all the pollution from greater Manila 20MIL megaregion. At your age of 73 you need to start making good friends with doctors. You claim you are going to make it to 100 but I find that hilarious because all you are doing is sitting around the condo in a sedentary life living the deadly serious passion of hate. Not a very healthy way to live your last few years.
Davy on Sun, 12th Nov 2017 5:16 am
“How many times do I have to say that degrees do NOT impress me. I have too many self made, successful friends who never went to college. Some are even millionaires.”
That statement coming from the numb-nut with no formal education. Yea it shows every time you open your mouth, mad kat. There are many skills that can be learned from formal education. It is not for everyone but it is nothing to laugh about. I also respect those who get into a skill and get good with it. Formal education does not make someone better as a person but it should not be ridiculed from the likes of mad kat who is just belittling education because he never had any.
Davy on Sun, 12th Nov 2017 5:28 am
“As per usual the yank mob can’t handle the truth and attack the messengers in the form of Makati and Clog.”
Nationalist, wow, did you just jump into bed with the extremist? Geeze I thought more of you in the past. The problem with you extremist is you can’t handle the truth unless it is anti-American truth. Isn’t it enough that this is an American critical site as-is? Can’t you numb-nuts stay on topic and focused? You know, you have to project your problems onto the Americans to feel something good. Revenge and hate feels good. Dumb n Dutch and mad kat have ruined this board. Their extremism and distortions are an intellectual crime. Neither can stay on topic because they want to turn the board into off topic personal agendas. Yea, I am part of it too but only in the case of fighting them and others who are doing these intellectual crimes. I have offered the agenda peddlers the option of all of us going off line to give others a chance to speak but they want nothing of it. That tells you what they care about. They are narcissist and think they are achieving their personal goals. They have no concern for the truth or the impute of others. From time to time this board shines with real insight but lately since dumb n Dutch and mad kat have pressured it with their agenda puke it has gone truth dormant. What it turns into is an extremist magnet and they love that because they are two stupid old men living a life of loneliness seeking attention and support for their insanities.
GregT on Sun, 12th Nov 2017 3:20 pm
“Yea, I am part of it too but only in the case of fighting them and others who are doing these intellectual crimes.”
The self aggrandizing battle hardened internet warrior / intellectual crime fighter.
De-lus-ion-al
LOL 🙂
Davy on Sun, 12th Nov 2017 3:25 pm
Widdle, should I tell a Mad Kat or should you that you and ape are saying most of what he is saying is disinformation. Mad Kat uses zero hedge primarily and what is hilarious is you are his biggest supporter. How do you square that circle widdle?
GregT on Sun, 12th Nov 2017 3:25 pm
“They are narcissist and think they are achieving their personal goals.”
There’s only one person here who almost on a daily basis tells everyone else that he is in control, and kicking ass.
That would be you delusionalist. Nobody else cares.
GregT on Sun, 12th Nov 2017 3:28 pm
“what is hilarious is you are his biggest supporter. How do you square that circle widdle?”
More delusions.
Davy on Sun, 12th Nov 2017 3:30 pm
Widdle, when I mentioned intellectual crimes I was not
referring to you becuase I rarely read anything intellectual out of you. You specialty is stalking and pricking and expecting respect. Lol. Ignorant people do that becuase they hide behind their deficiencies by pricking other. Widdle, it is easy to prick what I am wondering is can you form a coherent comment that says something?
GregT on Sun, 12th Nov 2017 3:32 pm
“I am wondering is can you form a coherent comment that says something?”
There’s only one person here who almost on a daily basis tells everyone else that he is in control, and kicking ass.
That would be you delusionalist. Nobody else cares.
Davy on Sun, 12th Nov 2017 3:33 pm
Widdle g, where is that Zero Hedge quote link? The reason you are not giving it is becuase that came out of a Bloomberg article and ooops Bloomberg is disinformation so now we have widdle g in a trap. Lmfao. Widdle you are a numb nut.
Davy on Sun, 12th Nov 2017 3:36 pm
Widdle g, can you make a real comment or is the extent of your vocabulary “delusional”?
GregT on Sun, 12th Nov 2017 3:36 pm
It came from Business Insider, but of course you already knew that.
Davy on Sun, 12th Nov 2017 3:39 pm
Got the link widdle g? Or do you have the quote
Memorized becuase it is such an essential part of your pricking strategy?
Davy on Sun, 12th Nov 2017 3:41 pm
You didn’t answer me widdle g. Which one of us is
Going to tell your biggest benefactor, Mad Kat, he is spreading mostly disinformation?
Davy on Sun, 12th Nov 2017 3:44 pm
Widdle, are you bias? You told me ZH is disinformation but you only have glowing praise for Mad Kat.
GregT on Sun, 12th Nov 2017 3:50 pm
Makati is entitled to his own opinions, whether I agree with him or not, makes zero difference.
Davy on Sun, 12th Nov 2017 4:01 pm
Oh, here we go again widdle. Mad Kat is entitled to his disinformation (your words) but I am not. Double standard biased widdle g at his finest. Lmfao
makati1 on Sun, 12th Nov 2017 4:48 pm
Greg, I do not always agree with what others say here, but they are entitled to their opinion. I do not attack anyone because I disagree. I may try to rebut it with refs, but name calling and put-downs are not my style.
I just ignore most of the uneducated, immature and delusional comments here. It’s obvious they have some difficult mental/emotional problems. In most cases, it is to deny that the US is going down hard and fast, and, that there can be better places to live than in the US. So be it. We all have opinions and make our decisions based on them. That is life in a free world.
It is a sunny Monday morning here and the temp is about 80F. 88F by this afternoon. Have a great day!
onlooker on Sun, 12th Nov 2017 5:14 pm
The demise of the US petrodollar is a matter of economics than of politics.
Russia is now the biggest supplier of oil to China and is a serious strategic threat to Saudi Arabia.
It’s a matter of time before the Saudis starts to sell its oil to China in Yuan as well. They need China’s patronage both as a buyer of oil and a way out of their one horse cart i.e. their total dependency on oil as a revenue source. The Chinese are creating industrial zones in SA and bringing in hundreds of billions of dollars in investments.
The Saudi prince was recently with President Putin to discuss buying Russian weapons including the S-400! The Saudis have to prepare for US belligerence once they decide to trade their oil in Yuan!
Once the Saudi starts selling in Yuan, so would all the gulf states if they want to survive as well. The petrodollar would end but not the US dollar. It would be considerably weaken but would remain a world currency together with a few more.
It’s in the interest of the Chinese that the US economy do not deteriorate too dramatically! Nor is it for the world economy at large! Thus this Chinese offer for the US to join in the BRI projects and Chinese investments in the US. The Americans are resisting this but they know that without Chinese money and massive technological processes, they would not survive well with a great US dollar devaluation. Also, the US has industries that can benefit greatly from the BRI!
Both President Putin and Xi know this and are managing the oil and gas business together very well. The Saudis are looking to them to help them out. The key is protecting the Saudis while killing the petrodollar!
The US dollar cannot be rapidly devalued or the petrodollar killed overnight. It poses a grave danger to the world’s economy and to Russia(who is still selling oil in USD and have US big dollar reserves) and China(holding 1.3 trillion USD reserves)! Wishing for it to happen, is sheer ignorance of economics.
This is the reason why both China and Russia, with wise and knowledgeable leaders, are managing this well. The US dollar has to be devalued over time!
This is one very important reason why the Russian-China’s strategic alliance is critical for long term world peace and economic development. Anyone telling you that the US is in charge is ignorant of current world geostrategic development!
Militarily, the US can do nothing significant except indulge in subversive little wars! Once the petrodollar is gone, they can no longer afford their military spending!
Davy on Sun, 12th Nov 2017 5:18 pm
“Greg, I do not always agree with what others say here, but they are entitled to their opinion. I do not attack anyone because I disagree. I may try to rebut it with refs, but name calling and put-downs are not my style.”
Fruit loops, sure mad kat, you are perfect aren’t you. Mad kat, widdle says your spreading disinformation. What is your opinion of that? I agree you spread disinformation but what is your opinion of what your best friend just said about you. That has to hurt!
“I just ignore most of the uneducated, immature and delusional comments here. It’s obvious they have some difficult mental/emotional problems.”
Aren’t you sly mad kat, you have been trying your hardest to ignore me. You don’t think we are stupid do you. You just made a comment towards me by way of third person indirect. Lol. You can’t let anyone think you weaken and answered one of my comments. You pussy just talk to me directly like a real man.
“It is a sunny Monday morning here and the temp is about 80F. 88F by this afternoon. Have a great day!”
Mad kat it is 50 and windy here in Missouri. The boys have been deer hunting and everyone is festive. I have been burning brush all day. That’s right mad kat I have been doing something what have you done today? BTW, when are you going to the fantasy farm again?
Davy on Sun, 12th Nov 2017 5:27 pm
“The petrodollar would end but not the US dollar. It would be considerably weaken but would remain a world currency together with a few more.”
Onlooker, do you have any details on “considerably weakened?” Onlooker, try checking the dollar volumes of the Saudi/Russia/China triangle of doom for the petrodollar and get back to me. I think you are off in fantasy land of projection. Have you been reading too much Zero Hedge, LOL.
“The US dollar has to be devalued over time!”
Can you elaborate onlooker? How much devaluation is needed and what is going to happen to all those other currencies pegged to the dollar?
“This is one very important reason why the Russian-China’s strategic alliance is critical for long term world peace and economic development.”
WOW, Russia-China strategic alliance to the rescue, what a joke onlooker. They are out to promote themselves and no one else. What planet are you on?
“Anyone telling you that the US is in charge is ignorant of current world geostrategic development!”
Who is in charge onlooker?
“Militarily, the US can do nothing significant except indulge in subversive little wars! Once the petrodollar is gone, they can no longer afford their military spending!”
So the petrodollar pays for the US military? LOL
GregT on Sun, 12th Nov 2017 5:28 pm
“Mad Kat is entitled to his disinformation (your words) but I am not.”
Makati is not telling everyone that he is a battle hardened warrior, single handedly fighting against intellectual crimes on an unmoderated open Internet discussion forum. He doesn’t routinely write 5 and 6 paragraph long diatribes, always saying essentially the same things, written like they came from one of those randomly generated Internet essay sites. He is also clearly not emotionally and psychologically disturbed, and/or completely delusional.
makati1 on Sun, 12th Nov 2017 5:36 pm
Good summary, Onlooker. Spot on!
Davy on Sun, 12th Nov 2017 5:36 pm
“Stockman Warns “Mind The Junk” – This Ain’t Your Grandfather’s Capitalism”
http://tinyurl.com/ydbgkduw
“The financial system is loaded with anomalies, deformations and mispricings – outcomes which would never occur on an honest free market. For example, the junk bond yield at just 2% in Europe is now below that of the “risk-free” US treasury bond owing solely to the depredations of the ECB. Indeed, madman Draghi has purchased $2.6 trillion of securities since launching QE in March 2015, and during the interim has actually bought more government debt than was issued by all the socialist governments of the EU-19 combined! Outrunning Europe’s deficit-addicted welfare states is quite a feat in itself, but that wasn’t the half of it. The ECB’s printing press became so parched for government debt to buy that it has ended up owning more than $120 billion of corporate bonds. In some recent cases, the ECB has actually taking down 20% or more of new corporate issues—an action that surely leaves the fastidious founders of its Bundesbank prodecessor turning in their graves.”
“Needless to say, these utterly false price signals would never occur on the free market. Yet by attracting tens of billions of yield-seeking capital into radically mispriced securities in pursuit of the giant windfalls depicted above, the ECB has not only set-up speculators for massive losses, but also badly distorted the macro-economy in the process. That is, after years of ZIRP Europe’s business sector has become populated with debt-ridden zombies which survive only because their interest carry costs have essentially been eliminated. Consequently, the free market’s essential function of pruning the deadwood and re-allocating inefficiently used resources has been stopped cold on much of the continent. But to add insult to injury, Draghi has given these zombies the financial equivalent of mouth-to-mouth respiration. That is, the ECB has made junk bond yields so cheap that debt-encumbered businesses have been able to further extend and pretend—-that is, refinance higher cost bank lines and earlier bond issues with 2% money; it’s just another example of a central bank driven refi machine at work.”
Davy on Sun, 12th Nov 2017 5:39 pm
Widdle g, I have been meaning to ask you why do you only prick Americans?
GregT on Sun, 12th Nov 2017 5:54 pm
“Widdle g, I have been meaning to ask you why do you only prick Americans?”
That would be because coincidentally both you and your intellectual equal Boat, were born into the same tax farm. If you were actually capable of removing your red white and blue blinders, you might come to understand that there is more to life other than American, and un-American. It wouldn’t make the slightest bit of difference to me, if you both had of been born on the West Coast of Canada. Boat would still be a moron, and you would still be delusional.
Davy on Sun, 12th Nov 2017 6:01 pm
Widdle g, I think you have an anti-American obsession because you are a hyper nationalistic Canadian. You always talk your stupid tax farm stuff but the reality is you are hard core West coast Canadian and you can’t stand Americans unless they are also anti-American. Mad Kat is case in point. BTW, did you and mad kat discuss your accusations of his spreading disinformation?
makati1 on Sun, 12th Nov 2017 6:03 pm
The above article is old news and relatively unimportant. It doesn’t even mention the dinosaur in the room, the coming ME international war. How will a few Iranian missiles into the oil fields and/or terminals of KSA affect the price and availability of oil? Or the sinking of a few oil tankers in the Straight of Hormuz, blocking all shipping in and out of the Gulf?
China is hoarding oil. The US is selling its reserves. Who is the intelligent country? LOL
MASTERMIND on Sun, 12th Nov 2017 6:06 pm
Davy
Madkat will believe anything if he is a mormon…Joe Smith beats em all! LOL How dumb can you possibly be? And he had a ton of kids because of that low IQ..I bet he molested some of them..That could be why he wishes them dead and one of the reasons why he left.
Davy on Sun, 12th Nov 2017 6:06 pm
“The US is selling its reserves.”
Mad kat, have any details on that like links with references or is this more of the disinformation widdle g spoke about?
Davy on Sun, 12th Nov 2017 6:10 pm
mm, he was not only a mormon he was high up mormon. This makes me wonder why he was kicked out. Maybe he was hitting on the flock.
makati1 on Sun, 12th Nov 2017 6:23 pm
Meanwhile, Trumpet is turning what is left of US credibility into shit. He flips more than the pancake maker at a Pancake House restaurant. Reading his current remarks as he parades around Asia is proof of how far the US has fallen already. US allies? What allies? By 2020 there will be no American Allies, just enemies. So be it.
makati1 on Sun, 12th Nov 2017 6:28 pm
MM, I am still a Mormon, just inactive. I am on the rolls because it was not worth the time and effort to have them taken off. less then 1/3 of the claimed number of Mormons are actually active and less then 5% practice their faith. Religions are for weaklings who want someone to blame for their faults and problems.
You and Delusional Davy like to make up stories about others you don’t agree with. Does it make you feel better? It only makes you into liars and fakes.
Davy on Sun, 12th Nov 2017 6:30 pm
Got any links or references Mad Kat, otherwise you are
spreading disinformation. We know your POV Mad Kat what we would like is real information.
Davy on Sun, 12th Nov 2017 6:34 pm
Mad Kat, lol, you couldn’t ignore that one could you. MM, I think we are on to something.
makati1 on Sun, 12th Nov 2017 6:37 pm
BTW: MM, if all you believe are “peer reviewed” studies, why are you reading on this site? I doubt few, if any, of the articles posted here are “peer reviewed”. Just asking.
makati1 on Sun, 12th Nov 2017 6:45 pm
Why China will prevail when the SHTF:
https://www.globalresearch.ca/china-and-the-us-comparing-leadership-selection/5617866
“China, with all of its drawbacks in terms of democratic procedures and rights, is moving toward a less corrupt, less bellicose and more accountable dynamic society with carefully vetted and developed leadership.
The US is moving toward a more corrupt, crime ridden and despotic (‘police state’) society with unaccountable leaders, warmongers and criminal at the helm.
The gap between promise and performance is widening in the US, while it narrows in China.
China’s rigorous, meritocratic selection process has demonstrated greater capacity to respond to new challenges and majority needs than the dysfunctional and corrupt US electoral charade, which cannot even address the addiction crisis brought on by unregulated over-prescription of opiates, let alone respond to the environmental crises of climate change and mega-storms ravaging US communities.”
makati1 on Sun, 12th Nov 2017 6:55 pm
” Across the developed world, the younger generation faces a future already mortgaged by a kleptocratic oligarchy. Unlike the prince, they can’t do anything about it, and relatively few are even aware of it…yet. Debt initially dazzles and deceives, then it disappoints, disillusions, devastates, and destroys. The oldsters got the first two, the youngsters will get the last four. The former reassure themselves: we vote, the kids don’t, we’ll protect our benefits. Debt deceives. Mounting public pension problems are a harbinger: you can’t squeeze blood from stone, not matter how many vote for it.
A collapse of the debt skyscraper of cards is inevitable, the issue is who bears the losses. Amidst the devastation and destruction, the young may cast a gimlet eye on the benefits their elders have voted themselves, and decide they’re less than willing to fund them. They may decide a generational uprising is in order—perhaps outside the boundaries of the normal political process—and a reshuffling of the remaining assets. The developed world’s elderly could find themselves in the same position as the oleaginous old thieves who ran Saudi Arabia: bereft of power and wealth. Except their reduction in circumstances may not be quite as tolerable as house arrest in the Riyadh Ritz-Carlton.”
https://www.theburningplatform.com/2017/11/12/the-kids-are-not-alright/#more-163345
I’m prepared for that event. Are you?
Davy on Sun, 12th Nov 2017 6:58 pm
I prepared more than you are Mad Kat. Lol
makati1 on Sun, 12th Nov 2017 7:01 pm
Flip Flop … Flip Flop…
https://www.theburningplatform.com/2017/11/12/what-are-trumps-views-on-china/
Flip Flop Flip Flop … Skitzo or just stupid? He changes his stand depending on who is listening. Maybe he thinks no one will notice. LMAO
Davy on Sun, 12th Nov 2017 7:09 pm
What’s da matter Mad Kat, the Chinese people love Trump. I bet that had you upset.
MASTERMIND on Sun, 12th Nov 2017 7:40 pm
Madkat: Did you have to wear the famous magic mormon underwear? Do you realize that right when Shit is hitting fans you will be going into diapers…I bet your children are so ashamed to have someone so mean and cruel as their father…I feel sorry for your family…
makati1 on Sun, 12th Nov 2017 7:53 pm
I see the 12 year old is back … MM, grow up.
fmr-paultard on Sun, 12th Nov 2017 8:24 pm
virtual farming and eating industrial ag plus being cursed by aswang
now lacking integrity to denounce murderer in chief
MASTERMIND on Sun, 12th Nov 2017 9:16 pm
Madkat soon you won’t be able to control yourself and you will be shit yourself just while you are watching TV…You will never know when either because you will have no control over it anymore…LOL
makati1 on Sun, 12th Nov 2017 9:36 pm
Muddymind, are you describing your problem? Nah!! You are still in diapers.
Such problems do not happen in my family, sorry. No one in my family ever needed them and some are over 90. We are a very healthy, mentally adjusted family. Sorry to disappoint you. I doubt you will ever see my 73 years or even close.
makati1 on Sun, 12th Nov 2017 9:39 pm
BTW MM: Keep paying your taxes. I enjoy spending that SS cash on more preps, including Johnny Walker Black, Red and some Chivas for trade (or just partying). LOL
MASTERMIND on Sun, 12th Nov 2017 9:46 pm
Madkat I understand you have no control over your actions. You abandoned your whole family. Just like the mice did in Dr Calhoun’s Utopia experiments on overpopulation. There are just so many damn people now in the world nobody cares about anyone else..The more people there are the less one person matters…
makati1 on Sun, 12th Nov 2017 9:59 pm
My family is independent and scattered all over the US. You obviously do not have a grown family or you would know how unimportant you become to them after they have a family of their own to take care of, and that is only right. They know I can manage on my own and support all of my decisions, even my move here. I would be welcome to live with them if I ever wanted too, but that will not happen.
I enjoy my freedom. Thirty years of growing up, getting educated and a career, then thirty years of marriage and family, then thirty, or more, I hope, doing what I want in a new and exciting place. I am not afraid of dying. It happens to all of us no matter where we are or who we are with. Your fairy tale vision of “family” is not reality. Too Much Walt Disney in your youth?