Bull against bear

Financial markets, macro economics, politics and everything else concerning the global markets. The writer is a long time investment banking operative in the nordic markets. The blog is usually updated once a week with specific trading advice. On a monthly basis, the goal is to provide a strategy update. In addition to that, there will be posts of more general content, housing bubbles, investment strategies and more.

November 12, 2008

IEA World Energy Outlook

Up to 64m barrels a day of extra gross capacity - the equivalent to almost six times that of Saudi Arabia today - needs to come on stream between 2007 and 2030. Almost half of that is required by 2015, with an extra 7m barrels a day over current plans approved within the next two years "to avoid a fall in spare capacity towards the middle of the next decade".

www.iea.org.

Avd. positivt tänk:

Affärsvärlden väljer att rubriksätta "Oljan tar inte slut".

No comments: