Extent:
Online-Ressource (314 p)
Type of publication: Book / Working Paper
Language: English
Notes:
Description based upon print version of record
Cover; Title Page; Copyright; Contents; Disclaimer; Chapter 1 The Mother of All Battles. The Flattening and Globalization of the Energy World; Nuclear politics; The sustained spike in natural gas prices; Fracking and the collapse in US natural gas prices; US tight oil; Geopolitics and high crude oil prices; Expensive oil, cheap natural gas; The market does not attack, it defends itself; Winners and losers; Chapter 2 Lessons from the Internet Revolution and the Dotcom Bubble; The bubble path; Technological revolutions that increase supply. The "game changers"
High expectations attract large amounts of capitalExcessive expectations for demand growth result in overcapacity; Think "against the box"; The strategic premium results in overcapacity; Overcapacity eventually reprices assets and the cost of services; New technologies displace older and more expensive ones; New technologies increase competition and create deflationary forces; The bubble accelerated the impact of the revolution; Timing: there is no such thing as a crystal ball; Investors must avoid the growth mirage and value traps; Lessons not to forget
Chapter 3 The 10 Forces that are Flattening the Energy WorldIs the energy world flat?; Chapter 4 Flattener #1 - Geopolitics: The Two Sides of the Energy Security Coin; The oil weapon; The revenge of the oil economy; The Arab Spring; Iraq 2014, the crisis that brought prices . . . down!; The Venezuelan Spring; Reserve nationalism and barriers of entry; The gas weapon; Russia versus Ukraine and the west?; Ukraine shale gas; The annexation of Crimea; Europe needs Russia's gas . . . but for how long?; Notes; Chapter 5 Flattener #2 - The Energy Reserves and Resources Glut; What energy scarcity?
Reserves and resourcesCrude oil concentration, but no shortage; OPEC almighty; Reserve protectionism; Marginal cost of production; The "unconventional" resources; Discoveries vs. additions: "can we rely on finding new oil fields?"; Sorry, no peak oil; Peak oil is a myth; The spirit of peak oil; No Peak Gas Either; Gas formulas: "Water at Coca-Cola prices"; Finally an Asian benchmark; Let's buy Africa!; Notes; Chapter 6 Flattener #3 - Horizontal Drilling and Fracking; Never bet against an engineer; Technology increases volume; Innovation vs. imitation; "Fracking" and horizontal drilling
Myths and realities of shale gas and tight oilWhat environmental impact?; What contamination of drinking water aquifers?; What flow back?; How about water scarcity?; What induced seismic activity?; What methane migration?; Are horizontal drilling and fracking commercially viable?; Are governments supportive of fracking?; How about shale gas and tight oil in China?; What about the EROEI of shale gas?; Notes; Chapter 7 Flattener #4 - The Energy Broadband; Pipelines open new markets; Pipelines are very capital- and time-intensive investments; The Eurasian continental network
LNG and the globalization of natural gas
ISBN: 978-1-118-86800-3 ; 978-1-118-86798-3 ; 978-1-118-86797-6
Source:
ECONIS - Online Catalogue of the ZBW
Persistent link: https://www.econbiz.de/10011839019