Energy

Intelligent Automation Inspires New Plans For Onshoring

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Bitesize: Power and progress

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Arthur Turrell.

Energy is the fundamental currency of the physical world, while GDP is the imperfect catch-all measure of economic progress. The plot shows electricity generation per capita against GDP per capita for 2015. The bubble areas represent population size, while the colours are the fraction of power which is produced from renewable sources – with light green a high percentage and dark green a low percentage.

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Say “Sayonara” to Destination Clauses, and “Konnichiwa” to LNG Trading

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To the NYT It Would Be News That Socialism Causes Economic Catastrophe

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Venezuela is on the verge of economic collapse and social disintegration. Here’s the NYT’s diagnosis:

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Surprise, Surprise, Surprise: Guess Who Squeezed (and May be Squeezing) Brent

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Cue Gomer Pyle. It is now being reported that Glencore was not just bigfooting fuel oil in Singapore, but it was the firm stomping on Brent as well. It took delivery of 15 or more cargoes of the 37 available for June loading. There is also talk that the firm had accumulated a position in excess of the 37, and had already had contracts to sell Brent to refineries in Asia and Europe.

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