Description
Book SynopsisA stronger, more informed approach to the energy markets The Energy World Is Flat provides a forward-looking analysis of the energy markets and addresses the implications of their rapid transformation.
Trade Review“For industry analysts, this blogger included, it’s a brilliant and realistic assessment of the state of affairs and what potential investors should or shouldn’t look to” (Oilholics Synonymous Report, April 2015)
Table of ContentsChapter 1 The Mother of All Battles. The Flattening and Globalization of the Energy World 1
Chapter 2 Lessons from the Internet Revolution and the Dotcom Bubble 11
Chapter 3 The 10 Forces that are Flattening the Energy World 31
Chapter 4 Flattener #1 – Geopolitics: The Two Sides of the Energy Security Coin 35
Chapter 5 Flattener #2 – The Energy Reserves and Resources Glut 53
Sorry, No Peak Oil 64
No Peak Gas Either 76
Chapter 6 Flattener #3 – Horizontal Drilling and Fracking 85
Chapter 7 Flattener #4 – The Energy Broadband 103
Chapter 8 Flattener #5 – Overcapacity 117
Chapter 9 Flattener #6 – Globalization, Industrialization, and Urbanization 123
Chapter 10 Flattener #7 – Demand Destruction 131
Chapter 11 Flattener #8 – Demand Displacement 135
The Battle for Transportation Demand 135
The Battle for Electricity and Industrial Demand 148
The Energy Domino 151
Chapter 12 Flattener #9 – Regulation and Government Intervention 159
Regulation vs. Free Markets 160
The War on Pollution and Coal 165
Renewable Energy and the Disinflation of Power Prices 172
Biofuels and Food Inflation 193
Chapter 13 Flattener #10 – Fiscal, Monetary, and Macroeconomic Flatteners 207
The Btu that Broke OPEC’s Back 209
The Oil Tax Weapon 214
Monetary Experiments and the Credit Risk Time Bomb 220
Financial Flows. Let’s Blame the Speculators 232
Chapter 14 Implications and Opportunities in the Financial Markets 245
Concluding Remarks 275
Appendix For a Competitive European Energy Policy 279
Index 289
