1 / 17

Global Economics: Oil

Global Economics: Oil. World Economy Status. Economic reports from the IMF indicate significant improvements to the world economy Major restructuring of bank balance sheets settling bad debts Major focus on creating stability. Global Financial Stability. Market trends.

thor
Télécharger la présentation

Global Economics: Oil

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Global Economics: Oil

  2. World Economy Status • Economic reports from the IMF indicate significant improvements to the world economy • Major restructuring of bank balance sheets settling bad debts • Major focus on creating stability

  3. Global Financial Stability

  4. Market trends • Overall macroeconomic (whole economy) risks have declined • Improved conditions are slowly trickling down to affect public markets • Public market is still hesitant to spend • Credit is becoming increasingly more available to banks around the world • Risk Appetite • Expectation of returns • Term increase for low interest rates

  5. Spending & Opportunity Cost for US America spent $700 billion on oil last year -$380 billion paid for imported petroleum -$50 billion net from domestic oil If all of the $330 billion spent last year on imported oil remained in the US, it would generate nearly $1 trillion in new economic activity and over 3 million jobs Raise GDP 2.5%

  6. History provides us two rules by which to avoid recession caused by oil prices. - Crude oil expenditures should not exceed 4% of GDP. - Oil prices should not increase by more than 50% year-on-year.

  7. By the Numbers 9.2 million people employedby the U.S. oil and natural gas industry 1.4 million jobs the industry could createby 2030 with the right government policies in place to expand access to domestic natural resources $86 million a day paid to the federal governmentin royalty payments, rents and bonus fees. $100 billion paid to the federal governmentin rents, royalties and lease payments for production since 2000. U.S. energy demand will grow 20%between now and 2035.

  8. Energy Efficiency • 12 Major Global Economies use 63% of the world’s energy • United States ranked 9th out 12 • United Kingdom ranked 1st • China and the European Union both ahead of the USA • United States Ranks last in transportation energy efficiency

  9. Energy Demands Daily Demands for oil per country (2012) • US – 19.15 million barrels • China – 9.06 million barrels • Japan – 4.45 million barrels • India – 3.32 million barrels • Russia – 3.2 million barrels • Saudi Arabia – 2.81 million barrels • Brazil – 2.6 million barrels • Germany – 2.44 million barrels • South Korea – 2.38 million barrels • Canada – 2.28 million barrels

  10. Countries Oil Production

  11. Future of Oil

  12. Future of Alternative Resources • 49% of the new capacity commissioned in the U.S. in 2012 was renewable. • Solar panels have dropped in price by 80 percent over the last five years. • Solar will soon be at cost parity in many markets in the world.

  13. Cutting Edge Energy Technology New Energy Technologies Inc. Projects currently in Development: Motion Power TM • Harnesses a vehicles excess energy as it decelerates. • Installed at sites where vehicles are in the process of decelerating before stopping. • Tolls, Off ramps and high traffic intersections. • Kinetic Energy generated from moving vehicles if captured at any moment, would power a quarter million homes a day.

  14. Future Government Energy Plans Australia “Our climate is changing. The evidence is unequivocal. Climate change won't just damage the natural environment; it also poses risks to our economic prosperity.” Clean Energy Future of Australia With a budget of $3.2 Billion, the Australian Renewable Energy Agency plans too... • Research, Develop and commercialize all renewable energy throughout Australia by 2050 • Develop new clean technologies reducing harmful emissions • Increase the usage of renewable energy

More Related