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?
 

A message of hope?

2008-12-23

With this last Update of the year, it is of course our first pleasure to wish all our readers a very fine Christmas and a good start in 2009, and that peace, strength and health may accompany you, your family and all humans for the coming period and year. Of course these wishes are also extended to those readers from other Religions and Calendars.

Allowing for some reflection of the past period, we may say that the world has been put into a fast period of change that may extend well into the coming years and of which the consequences cannot be seen yet. This period may be called “The Great Robbery” in coming history-books, or “the time when the world-economy was smashed” (not just “crashed”, not the difference!) or just “the great change-over”, as we may see the balances in the world shift from uni-polar to more multi-polar.

Whatever has happened and is happening, we may only be able to appreciate in a few years, as the results of change become more visible, and also their causes, but we may already know that the repercussions for the oil & gas industry of the current rapid slide into a global recession will be vast and far-reaching.

The amount of announcements of project-cancellations and “indefinite delays” is increasing rapidly, as can be read in several sections of this Update, and most probably many more will follow in the coming months.

Oil-prices have gone from a historic high to an almost historic low in record time, putting not only many projects in jeopardy but also bringing most producer countries into trouble, especially if the current low-price-environment continues, which it probably will for some time.

Demand for oil, and to a certain extent also for gas, will probably go down next year as the global down-turn will start to speed up and deepen, most likely keeping prices low. This will prevent necessary investment into projects that will counter-balance the increasing world-wide depletion, which will continue, even as the insistent and wide-spread “concern and anticipation” on the assumed rapid depletion of the main Saudi-Arabian mega-fields turned out to be false.

Whilst a Message of Hope is often spread around this time of Christmas, it will be unrealistic to already hope for “better times”, as we are just at the beginning of this turbulent period. But what we may hope for is that one day, hopefully soon, the people behind the current developments, behind the unnecessary wars, behind the state-funded terrorism and behind the many “false-flag-operations” at many levels, may be brought to Justice and Responsibility. The world will be a better place for it.

Rest me to wish “all the best” to our readers and that you may enjoy some peace-of-mind and maybe some rest and will find strength and stability to encounter the challenges that will no-doubt be part of life and living in 2009.

Alexander

Commentaries 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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