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174 How We Lost Our Way in Energy

Charles Maxwell
Senior Energy Analyst...
Weeden & Co. LP
In this course, energy expert Charles Maxwell, senior energy analyst, Weeden and Co., comprehensively examines current world energy demand and supply, as well as the future of energy for the next decade. Oil, coal, natural gas, and nuclear power are all discussed, as well as alternatives including solar, ethanol, wind, and hydro. Additionally, Maxwell formulates ideas for energy efficiency and conservation efforts that are destined to lessen our dependency on oil well into the future. Maxwell first shares his forecast that world peak oil is fast approaching, and explains the market and economic dynamics that are unbalancing the supply and demand of oil, quickly pushing their relationship out-of-kilter. Maxwell then discusses current non-oil energy producers-including the future of alternative energy-and dissects their prospects one-by-one, discussing why they will not quickly fill in the gap created by peak oil. The latter portion of this presentation focuses on the real answer-energy conservation and efficiency. In this portion of the course, Maxwell emphasizes how the need to lessen our reliance on oil and other fossil fuels will force us into new methods of conserving what we have. Here, he shares the methods and processes that he thinks will be the new "fuels" of the future. Lastly, he wraps up the course by recommending several investments that are ripe for taking advantage of the trends in energy. Investors and consumers will both benefit from this industry insider's view of the new energy world we face over the next few decades.
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