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GEAB 129

The monthly bulletin of LEAP (European Laboratory of Political Anticipation) - 15 Nov 2018

Oil: Determining the date of the tipping point

Our readers know what the dollar is becoming – a currency like any other. Also, they will not be surprised to learn that  oil is following the same path and becoming a source of energy like any other. First, have a look at the following graphs of global energy and oil consumption; one from the International Energy Agency (IEA – US) and the other from OPEC; two sources that cannot be assumed to be partial.

Figure 1 – World Energy Consumption, 1990-2040. Source: IEA.

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– European Automobile Industry – The long and winding road
– GM – LOL
– General Electric – Will it fail or not?
– Oil: Seesawing to its death
– Financial market: Ashes to ashes, junk to junk
– Investments – Where does the money go? 
Convinced that the emissions scandal is now behind it, the German automobile industry is ready to restart. VW (Volkswagen), for instance, lined up 440,000 vehicles in October (compared to the 310,000 last August). But two markets are about to escape VW – and not the least important …

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