Oil issues occurred after history or conflict. The world run on oil, virtually all transport is oil biased, all products have been touched by oil. Oil is a convenient way to store and carry energy. According to the World oil reserves the middle east have an estimated 49% of the worlds oil in 2013. oil reserve issues - not as clear how much is actually left, this is important for designers as plastics, inks, packaging and processing lubricants and many more materials are made using oil.
Estimation of oil produced from 1930- 2050
Electricity, 2 elements stationary power, Transportation Power
Stationary Power Systems
Renewable - wind ,wave, hydro
Nuclear - Thorium, Plasma Field
Fossil Fuel - Oil- rock, shale,
Gas - LPG, LNG, Shale
Coal
Transportable Power Systems
Fuel Cell
Battery
Capacitor
Russia
Population 143.5million
GPD $2.07 trillion
Russia has internal stresses of break up. Fringes of Russia are pushing the limits to break away. The Russian government has been heavy handed in dealing with this. This make the Russian government very wary. Economically, Russia have a big untapped wealth but don't know how to get to it, they need to look to the west, The west were the enemy. Freedoms in the west are heavily protected. Freedom in the east are not so heavily protected. Russia was a key part on the "world stage" ... not so much now. This has lead to tensions between the west and Russia.
Economic management communist - state controlled
Problems for Russia
Fall in oil price
Action in Ukraine and Crimea
Syria conflict
Russian retaliatory action against Western investment in Russia
Russian action in us elections (alleged)
Historically Russia doesn't make good decisions and use a lot or force
Russia is far more western that china, potential for good development and trade is there but Russia needs to be open for business.
No comments:
Post a Comment