The Energy World is Flat, First Edition, Opportunities from the End of Peak Oil by Lacalle, Daniel -- Read -- Imperial Library of Trantor

Index

Cover 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

Appendix: For A Competitive European Energy Policy

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