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Electric Vehicles And The 5 Trillion Dollar Market Transition

September 27, 2017 Peter Tertzakian 0

Change in the world of wheels is accelerating! Momentum is building and some days it’s hard to keep up. Every week, the assumptions about the future of transportation, and the energy systems that turn our wheels, are becoming more Jetson-esque. The excitement is palpable and as a technology junkie I love it. Auto shows are rolling out new electric vehicle (EV) models; China says it’s planning on banning internal combustion engines (ICE); and Daimler is jockeying with Tesla in the budding electric truck segment. In the battery world,…

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The Boring Truth About Oil Prices

September 13, 2017 Peter Tertzakian 0

The outlook for 2018 oil prices is dull. A majority of pundits have now corralled their one-year forecasts into a narrow, “lower-for-longer” price band, with little disagreement. A humdrum, fifty-dollar-a-barrel price outlook for next year is part of a recipe to stifle investment, mute production growth and burn off inventories. On a positive note, that’s what’s ultimately needed to cook up higher oil prices. The Yawn Consensus A few keystrokes on a Bloomberg terminal will get you a list of 24 recent oil price forecasts…

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An Energy Independent North America Needs NAFTA

August 31, 2017 Peter Tertzakian 0

NAFTA talks continue. Goods like milk, lumber and auto parts are all under the negotiators’ microscopes. Oil is clearly visible too. Last year, the bilateral trade of energy (including natural gas, oil and power) between the U.S. and Canada was about U.S $55 billion, with oil being 80 percent of the total. Its dollar amount dwarfs other industries, but negotiators may need to view this vital commodity using a different lens. Beyond size, the upstream oil business between America and Canada reveals big shifts in dollar and volume trade over…

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