The chart and excerpt below from today's Early Look written by our Energy analyst Fernando Valle highlights the (significant) need for more energy supply in the world.
|
The average American consumes around 46 barrels of oil equivalent a year of primary energy. In my native Brazil, we consume just over 10 barrels a year on average, while in Africa that figure is only 2! There's a significant need for more energy supply in the world if we are to meet the needs of the developing world and even our own desires to advance our society and improve equity and prosperity. |
HELPFUL LINKS:
Join New Subscriber Orientation
New Conference: Hedgeye Live 2024 May 2-5
