Germany is increasing her coal-fired power plants as output from natural gas-fired power plants and wind turbines drop.
U.S. Inventories and Production Levels.
Struggling countries in the eurozone – Italy, Ireland, Greece and Spain … Have been reducing labour costs steadily.
Hurricane Sandy had an impact of around $40B…& ranks 3rd for damaging. in the picture its compared with other cyclones. Please feel free to comment.
The most important naval choke points were first identified by John Fisher in his defense of continued British colonialism (important colonies in parentheses): Hormuz Strait between Oman and Iran at the entrance to the Persian Gulf Strait of Malacca between Singapore and Indonesia Bab-el-Mandeb passage from the Arabian Sea to the Red Sea (Yemen and Socotra) Panama Canal and the Panama Pipeline connecting the Pacific and Atlantic Oceans (British Honduras) Suez Canal and the Sumed Pipeline connecting the Red Sea and Mediterranean Sea (Egypt)Continue reading “Strategic Oil Chokepoints – jpm”
The following chart shows Chinas raw iron ore imports. Not a good time to be a bulk carrier…
Social unrest and revolt during the Arab spring led to a restricted N African supply of crude. Japan’s catastrophic quake halted her industrial production lines. These events created unprecedented volatility in the raw commodities industry, the volatility is set to continue through 2012 as more austere fiscal measures are adopted.