Everything that needs electricity is made with the oil derivatives manufactured from crude oil. In an all-electric world, there will be nothing to power without oil. Energy growth, electricity AND the products made from oil derivatives manufactured from crude oil and the fuels to power ships, planes, militaries, and space […]
Shortages and Inflation New Norm? Refinery Closures Outpace New Construction
Shortages and Inflation to be the New Norm as Refinery Closures Outpace New Construction Refinery closures are outpacing new construction over the next five years and will significantly reduce the supply of items manufactured at refineries to meet increasing worldwide demands and place tremendous pressures on continuous shortages and inflation. […]
CLIMATE CHANGE: [Opinion] “ESG = Extreme Shortages Guaranteed!”
The Environmental, Social and Governance (ESG) factors climbing up the agenda in the banking industry would have banks divest in fossil fuels. This would lead toward a world like that in the 1800’s, the last time the world was “decarbonized”. Back in the 1800’s, we had no coal or natural […]