Home Page Icon
Home Page
Table of Contents for
Contents
Close
Contents
by Daniel Lacalle, Diego Parrilla
The Energy World is Flat: Opportunities from the End of Peak Oil
Title Page
Copyright
Dedication
Disclaimer
Chapter One: 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
Notes
Chapter Two: Lessons from the Internet Revolution and the Dotcom Bubble
The bubble path
Think “against the box”
Lessons not to forget
Notes
Chapter Three: The 10 Forces that are Flattening the Energy World
Is the energy world flat?
Chapter Four: Flattener #1 – Geopolitics: The Two Sides of the Energy Security Coin
The oil weapon
The gas weapon
Notes
Chapter Five: Flattener #2 – The Energy Reserves and Resources Glut
What energy scarcity?
Reserves and resources
Crude 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
No peak gas either
Notes
Chapter Six: Flattener #3 – Horizontal Drilling and Fracking
Never bet against an engineer
Technology increases volume
Technology reduces costs
Innovation vs. imitation
“Fracking” and horizontal drilling
Myths and realities of shale gas and tight oil
Notes
Chapter Seven: Flattener #4 – The Energy Broadband
Pipelines open new markets
LNG and the globalization of natural gas
Storage bottlenecks and commodity islands
Shipping, floating pipelines and storage
Notes
Chapter Eight: Flattener #5 – Overcapacity
Déjà-Vu
Diplomatic demand outlook
Saudi Arabia heavy sour crude oil
Location, location, location
Pro-cyclical behaviour
Notes
Chapter Nine: Flattener #6 – Globalization, Industrialization, and Urbanization
Testing the hypothesis of “Ever-Increasing” demand
The “Diplomatic” demand clause
Notes
Chapter Ten: Flattener #7 – Demand Destruction
More with less
The “Invisible Hand” of efficiency
The “Visible Hand” of efficiency
Note
Chapter Eleven: Flattener #8 – Demand Displacement
The battle for transportation demand
What the production engineers missed
The “Challengers”
The end of crude oil's monopoly in transportation
The new frontier: hydrogen fuel
“Who killed the electric car?”
The battle for electricity and industrial demand
The energy domino
Notes
Chapter Twelve: Flattener #9 – Regulation and Government Intervention
The role of the government
Regulation vs. free markets
The virtuous mix of regulation and free markets
The vicious mix of regulation and politics
Carrot and stick
Privatization and deregulation are not the same
Independence of the regulator
The political cycle is too short
The war on pollution and coal
The war on pollution
The war on coal
Renewable energy and the disinflation of power prices
The world of wind power is becoming flat
The world of solar power is far from flat
Biofuels and Food Inflation
Notes
Chapter Thirteen: Flattener #10 – Fiscal, Monetary, and Macroeconomic Flatteners
The “OPEC put”
Energy consumption in producing countries
Mortgaged future production
The paradox of plenty
The oil tax weapon
Monetary experiments and the credit risk time bomb
Monetary experiments
Financial flows. Let's blame the speculators
Notes
Chapter Fourteen: Implications and Opportunities in the Financial Markets
Concluding Remarks
Notes
For A Competitive European Energy Policy
The Oil Price War: Another Chapter in the Mother of All Battles
Index
End User License Agreement
Search in book...
Toggle Font Controls
Playlists
Add To
Create new playlist
Name your new playlist
Playlist description (optional)
Cancel
Create playlist
Sign In
Email address
Password
Forgot Password?
Create account
Login
or
Continue with Facebook
Continue with Google
Sign Up
Full Name
Email address
Confirm Email Address
Password
Login
Create account
or
Continue with Facebook
Continue with Google
Prev
Previous Chapter
Cover
Next
Next Chapter
Title Page
Table of Contents
Title Page
Copyright
Dedication
Disclaimer
Chapter One: 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
Notes
Chapter Two: Lessons from the Internet Revolution and the Dotcom Bubble
The bubble path
Think “against the box”
Lessons not to forget
Notes
Chapter Three: The 10 Forces that are Flattening the Energy World
Is the energy world flat?
Chapter Four: Flattener #1 – Geopolitics: The Two Sides of the Energy Security Coin
The oil weapon
The gas weapon
Notes
Chapter Five: Flattener #2 – The Energy Reserves and Resources Glut
What energy scarcity?
Reserves and resources
Crude 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
No peak gas either
Notes
Chapter Six: Flattener #3 – Horizontal Drilling and Fracking
Never bet against an engineer
Technology increases volume
Technology reduces costs
Innovation vs. imitation
“Fracking” and horizontal drilling
Myths and realities of shale gas and tight oil
Notes
Chapter Seven: Flattener #4 – The Energy Broadband
Pipelines open new markets
LNG and the globalization of natural gas
Storage bottlenecks and commodity islands
Shipping, floating pipelines and storage
Notes
Chapter Eight: Flattener #5 – Overcapacity
Déjà-Vu
Diplomatic demand outlook
Saudi Arabia heavy sour crude oil
Location, location, location
Pro-cyclical behaviour
Notes
Chapter Nine: Flattener #6 – Globalization, Industrialization, and Urbanization
Testing the hypothesis of “Ever-Increasing” demand
The “Diplomatic” demand clause
Notes
Chapter Ten: Flattener #7 – Demand Destruction
More with less
The “Invisible Hand” of efficiency
The “Visible Hand” of efficiency
Note
Chapter Eleven: Flattener #8 – Demand Displacement
The battle for transportation demand
What the production engineers missed
The “Challengers”
The end of crude oil's monopoly in transportation
The new frontier: hydrogen fuel
“Who killed the electric car?”
The battle for electricity and industrial demand
The energy domino
Notes
Chapter Twelve: Flattener #9 – Regulation and Government Intervention
The role of the government
Regulation vs. free markets
The virtuous mix of regulation and free markets
The vicious mix of regulation and politics
Carrot and stick
Privatization and deregulation are not the same
Independence of the regulator
The political cycle is too short
The war on pollution and coal
The war on pollution
The war on coal
Renewable energy and the disinflation of power prices
The world of wind power is becoming flat
The world of solar power is far from flat
Biofuels and Food Inflation
Notes
Chapter Thirteen: Flattener #10 – Fiscal, Monetary, and Macroeconomic Flatteners
The “OPEC put”
Energy consumption in producing countries
Mortgaged future production
The paradox of plenty
The oil tax weapon
Monetary experiments and the credit risk time bomb
Monetary experiments
Financial flows. Let's blame the speculators
Notes
Chapter Fourteen: Implications and Opportunities in the Financial Markets
Concluding Remarks
Notes
For A Competitive European Energy Policy
The Oil Price War: Another Chapter in the Mother of All Battles
Index
End User License Agreement
Pages
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
131
132
133
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
289
290
291
292
293
294
295
296
297
298
299
300
301
Guide
Cover
Table of Contents
Begin Reading
Add Highlight
No Comment
..................Content has been hidden....................
You can't read the all page of ebook, please click
here
login for view all page.
Day Mode
Cloud Mode
Night Mode
Reset