Alexander's Commentary
Change of face - change of phase
A Future?
Climate-Change – Change of Climate
Oil-Around 2013
Finally there: The Campbell’s Atlas of Oil & Gas Depletion
New time arising
Ein heisser Herbst? (A hot Autumn?)
Where is this going? – 3
Where is this going? -2
Where is this going?
Is it important?
A Moment of Truth at Passing
The Iran Hoax
The 2012 Adventure
Solstice Greetings
Taking on the future
A new beginning
Twist and Turn
Fly-by-wire
Shale-gas: just a gas?
Little miracles, big wonders
Unconventional gas
Media-power
To Peak or not to Peak, is that the question?
Going on ...
Time for change
Economy; What Economy?
Media Noise Windfall Profit
The Winds of Change
Signs of the future?
Reality and Hope
Best Wishes
What goes around, comes around
A throughout, integrated view
Signs of change?
P.P.P. versus Need
Working for climate-change?
Good signs
Contradicting signals
All over again? The difference between perception and reality.
The paradigm, the mind-set and reality
Two minds
Positive inclination
Different values?
The long view
Leaping to the future
Contango
New signs of hope?
A message of hope?
Some good news anywhere?
A project gone awry?
Traces of light
Driving the markets II
Driving the markets
Meeting reality
Silence for the storm?
The times are changing
Refinery-runs
The Theatre
Some Questions, no answers
Ocean carbon sinks and returns
The good news, the bad and the ugly
A President speaks the truth!
Green masks
Saving us with or from bio-fuels?
The good news
Driving the oil-price?
A new dilemma?
Kenya: a new oil-frontier?
Forecasting a trend?
Some early signs for 2008
2007; A year to remember
The good news
A bit of a shock II
Fraud alert - bogus job ads
A bit of a shock
A simple but far-reaching idea
Hype, Realism, Convergence
Energy-security?
A touch of globality
Climate change and changing the climate
Refineries, Biofuels and internal demand
Figures, figures & figures
Pipelines, Biofuels & Reserves
Expectation, projections, contradictions.
Ponder
A box of Pandora?
Changing systems
A dynamical environment
Projections and reality
Changing reality
A different reality II
A different reality
PPP: Prices, poverty and politics
A whirling 2007
The year of shifting balances
One world, two systems?
Oil and development?
The year 2065?
Mixed signals II
Mixed signals
Trust
Awakening
A War on hold?
No Comment
Changing balances
Truth or Deception?
A fresh overview
Bigger picture first
National Interests vs. Shareholders Value
Fear??
'The Dialogue'
Consumption
Do we actually need to worry?
 

The good news

2008-04-03

As always, whilst going through the collection of articles just before publishing, the question in the background is: what is special, what is sticking out, what is a sign of a new trend?
This time there were several items that made an impression of some kind of change; a change in attitude; a change in perception; a change in position.

The first one is in an apparent change in attitude in Nigeria, where the current government is starting, in a more serious way, to question and research where all the money the country should have earned actually has gone to. As the case is, between 1999 and 2007, an amount of 16 billion dollars has been pumped into the power-sector, with as a result that less power is available than before. This is now openly discussed and it seems that Nigeria is now making a serious start in cleaning up its act, as it is of course difficult to explain how a country can earn well over 400 billion dollars and nevertheless have the overwhelming majority of its population in abject poverty. We can only wish Nigeria all success in this process as it will be of great importance for its future when a greater transparency is being established.

A second “New” and change of attitude came in a signal from OPEC. In recent press-reports it has now openly been said that the price-rises in oil have no relation to the actual supply-demand situation, as the market is well supplied, and therefore gives no reason for the recent high oil-price. It has been said clearly that the current oil-price-level has to do with speculation and the “mis-managed” US economy. Readers of this Editorial know this has been said here for about two years now, but hearing it from the president of OPEC is a clear change in attitude and trend. It does not help anymore that the president of the US calls it “a mistake” that not more oil is pumped onto the market and it does not cause more than a shrugging of shoulders and a kind of “clean up your own affairs and stop pointing fingers”.
With the long view in mind, the coming recession in the US, the winter being over and most storages well filled, and with the current excessive amount of money looking for profit in the market, it would only cause instability if the market would start to be oversupplied.

Another interesting trend is the speed with which China is responding to these times of climate-change and changing requirements of the future. It has become clear that, notwithstanding its independence of the Kyoto-protocol, there is a massive movement taking place to curb the effects of the fast development the country is in: No gasoline-powered car assembled in North America would meet China's current fuel-efficiency standard, not even vehicles produced under California's proposed environmental standards. At the same time old coal-mines and small coal power-plants, known for their heavy pollution, are being closed, massive reforestation-efforts are being undertaken and mitigating climate-change is now embedded in the economic planning of the coming years. With this and many other initiatives China is overtaking the West here as well in the speed with which it reacts on the changing requirements of the future.

So whilst the overall picture in “Energy-and-Climate”–land may not all too positive, there are some good signs that in the end “the truth will prevail”.

Alexander

P.s.: Responses are always welcome at alexander@gas-oil-power.com


Alexander's Commentary

Change of face - change of phase

In the period of July 20 till August 3, 2015, Alexander will be out of the office and the site will not or only irreg

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