Realizing The Energy Crisis

Watch the crisis of energy

Economic crisis, the elections to the European parliament, Chronikales – that were the determining topics of the past months. Everything rightfully. Which was lost thereby completely out of the eyes, is the again strongly rising oil price. And although the world economy – apart from individual positive signals – came further not yet correctly into the courses. rawoil here the Tecson chart (click ton enlarge) to the current crude oil price history. Within a few months it climbs again of under 40 on over 70 US Dollar. Thus the oil price reaches today on 11 June a 8-Monatshoch.

That is to that extent interesting, since the demand remains small. Internationally the Energy Agency (IEA) had published in the middle of May its current oil consumption prognosis and expected for 2009 a decrease on 83.2 million barrel per day. The demand sinks thereby in relation to the previous year equal around three per cent. However the economic forecasts in the USA become lighter slowly, and oil might become again interesting also as object of speculation. Nevertheless: structurally there completely different problems put behind, which come unfortunately publicly and still more politically into the behind: the further-smoldering

Going for Solar Energy

Possibly soon again exploding oil crisis. The IEA had provided however with another prognosis internationally for attention. To 20. May reported Wall Street Journal over it. In consequence of the recession the investments decreased/went back into the oil production around 170 billion dollar, which corresponds to an equivalent of approximately 2 million barrel/day of the future oiling system. The prices sank due to the small demand. However that will radically change, if the world economy comes again into the courses. The demand for oil and gas will be hardly take offable by the offer and still more strongly than in the years 2007 and 2008 becomes the oil price up fast. Analysts assume oil prices become of 100-150 US Dollar again normality. Also 200 to 300 US Dollar is absolutely possible with rapid growth. The consequence its: growth is again restrained only right. Or differently: After the crisis is before the crisis! The conclusion from it. In view of the economic crisis much became over economic situation packages, scrapping premiums and investment programs in economics & Occupation talked. But it is not no matter, where is to be invested.

Similarly Obams´s stimulus program needs it also in Europe and Austria noticeable and purposeful investments into independence of fossil sources of energy. Because we do not produce our energy strengthened and renewable, the costs in some years only will be quite again enormous; the Austrians had had already to 2007 more than 9 billion euro (source biomass federation) for energy imported goods to pay. Therefore the time for investments in renewable energy and energy efficiency and thus occupation and futurable managing is exactly now. Apropos: the conveyances of the federation for thermal redevelopment in few weeks are exhausted. No miracle: with to 50 the million budget, which is ready provided for private households, zero at the end might have been missing.

Filed under: Energy Crisis

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