A Series of Global Technology Disruptions

Tony Seba has a formal system for identifying and forecasting technological disruption. The link is to a 16-page guide that he created back in 2014. He used his methodology to identify the combined disruption of electric cars, self-driving and ride-sharing that creates transportation as a service (TAAS). In the video below Tony reviews how his …

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Geopolitics With Energy Independence After Electrification and Fracking

Global oil demand could peak by 2030 with a rapid rise in electric vehicles, ride-sharing and self-driving vehicles. Trucks use 20% of the world’s oil and cars use 40%. This is from 1.5 billion cars. Total global trade is about $20 trillion out of a $90 trillion world economy. Oil and gas imports and exports …

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Saudi Aramco Passed $2 Trillion Valuation in Intraday Trading

Saudi Aramco’s shares closed at 36.8 Saudi riyals on Thursday, putting the company’s market value slightly below $2 trillion. The shares opened Thursday and reached 38.7 riyals where it briefly traded above a market value of $2 trillion. Apple closed at $1.21 trillion in market value. Brian WangBrian Wang is a Futurist Thought Leader and …

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US Exported More Oil Than it Imported For the First Time in Over 70 Years

Based on preliminary data and model estimates, EIA (US Energy Information Agency) estimates that the United States exported 140,000 b/d more total crude oil and petroleum products in September than it imported; total exports exceeded imports by 550,000 b/d in October. If confirmed in survey-collected monthly data, it would be the first time the United …

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Oil Prices Up 19% At the Open and USA is Ready to Hit Saudi Attackers

Oil prices hit their highest in four months after Houthi drone attacks damaged Saudia Arabia oil refineries. At the start of trading, Brent crude jumped 19% to $71.95 a barrel, while the other major benchmark, West Texas Intermediate, rose 15% to $63.34. Iran has been backing the Houthi. Saudi Arabia oil supply was attacked. There …

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US Crude Oil and Oil Product Exports Exceeded Saudi Arabia’s Oil Exports

Saudi Arabia oil exports will dip for a few days because of the damage to oil handling infrastructure. Saudi Arabia oil exports were 7,371.537 Barrel/Day in Dec 2018 and 6,968.319 Barrel/Day in Dec 2017. US oil exports including non-crude oil products for a few weeks in 2019 were over 8 million barrels per day which …

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