Disruption on the horizon?
An American penny, by definition, is officially worth 1 cent of a dollar.
This coin is made of copper weighing 2.5 grams.
Just the cost of copper to make this coin is 2.3 cents!
This coin therefore has a much lower face value than its cost!
This fact is an emblematic example of the changes taking place in the world in the past decades and more especially so in the past couple of years.
On the one hand, the structure of countries trying to show coherence. On the other, reality, indicating a progressive misalignment of the relative scale of values.
Whoever has the initiative to prepare for this "new normal" will be in a better position to face the "new world" that is coming.
What will happen in the energy arena?