Today I’m launching a new monthly publication, TerraJoule.us, which contains a thematic essay, a model portfolio, a data brief, and a downloadable podcast. Previous subscribers to GregorWeekly and Gregor.us Monthly should check it out, because the publication contains a tremendous amount of information at a great value. Here is an excerpt from today’s launch:
Five years into a rough, twenty year energy transition in which the global economy has been deprived of cheap oil, new trading relationships have emerged for the remaining BTU, as fossil fuels from coal to natural gas are consumed and traded with increasingly regularity. The United States for example has seen a massive decline in its own oil demand. In its place, the US has moved to take advantage of domestic natural gas, for which its pays some of the lowest prices in the world. This means the US has been free to export coal, which helps countries like Japan and even Europe to deal with their own rough exposure, to energy transition. Arbing Quads, the April, 2013 issue of TerraJoule.us, quantifies the unfolding story of this global energy transformation, as the next phase of energy transition unfolds. There are winners and losers in this story, some countries and economies will have to suffer through ongoing, structural disadvantages while others will reap windfalls. But most intriguing of all is that natural gas is starting to emerge as a partner of coal, as the oil age continues to recede. Indeed, despite recent story-telling, the oil age has been in steady retreat for over ten years now, and that trend shows no signs of slowing down. Arbing Quads explains who are the price takers, and the price makers, as the world looks set to burn the next tranche of BTU.
TerraJoule.us uses the Ganxy platform, and will publish on the first calendar day of each month.