Energy Prices Will Only Climb, Says One Brazilian Oil Exec

Oil and gas prices are only due to climb, says Petrobas chief.  And that's OUR opportunity to make homes and commercial buildings more energy-efficient.

 

http://www.istockanalyst.com/business/news/5576069/petrobras-ceo-at...

Tags: efficiency, energy, prices

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Thing is....

Those prices get folded into almost all other prices (what isn't manufactured and shipped?), making any discretionary funds harder to allocate to energy-efficiency.

I do hope you are right.

Yes and no.

 

Fuel prices are likely to rise, and this will present an opportunity to push our services harder (both in the business arena and the political one as well). People see higher energy bills and they will give energy efficiency a second thought. I deal with both high-end and low-income folks, each (surprisingly, IMO) speaks of their general discontent with "high energy bills." Whether they understand the interdependent nature of the price of almost everything in modern society to fuel prices is a matter of discussion, but what I do know is that you can reduce your exposure to volatility by investing in energy efficiency.

 

A mortgage is a reality for most American homeowners, just as a lease is a reality for most American SMEs (small & medium-sized enterprises). The payments are due on time and the amount of those payments is (generally speaking) fixed. If it costs more to get into your car and buy some groceries then you're feeling squeezed. If it also costs more to "fuel" your home or business then you continue to feel squeezed. Reduce spending where you can is probably a natural instinct for most at such a point. And, I think most of us know that what we offer to the world out there is a hedge against volatility, some certainty in a time where few feel certain about much.

 

Patrick

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