Читать книгу The Energy World is Flat - Lacalle Daniel - Страница 13

We are currently living through an extraordinary phase in the energy world.

History books will look back at this period of transformation, which will ultimately transcend into a new world order.

Those who depend on commodity price inflation to survive or justify long-term returns are in trouble, but a flatter energy world is not a one-way “price inflation versus price deflation bet”. The dynamics are complex and reach beyond energy markets.

But before we dive into the energy revolution, the flattening of the energy world, and its winners and losers, I would like to review the recent history of the internet revolution and dotcom bubble and the important lessons and parallelisms it can show for the energy markets.