A copy of this post is sent directly to all readers and subscribers of TerraJoule.us
Thankyou for your interest in TerraJoule.us. If you’ve not had a chance to read the latest issue, India Unleashed, it’s available now. Single issue sales at Ganxy.com | Annual Subscription at Gumroad.com | And more detailed information at the TerraJoule.us website.
Model Portfolio: Up +10.98% Since Inception
The TerraJoule.us model portfolio, at mid month, is currently up +10.98% since inception (April 1, 2013). Since raising cash in April, we have increased positions in GRID and TAN, and also started a new position in FCG. We will continue to deploy cash in July, August, and September.
All annual subscribers to TerraJoule.us, using the Gumroad platform, receive their latest issue automatically on the first day of the calendar month. Subscribe today.
Because of sudden geo-political risk to the oil complex, due to the destabilization of Iraq, the May issue, Here Comes Oil, is being released at no charge. It’s very important that TerraJoule.us readers be informed as to the structural tightness that was already forming in the global oil market, before recent events transpired. Thankyou for your support and readership.
Mid-Month Data Update
The BP Statistical Review of World Energy has just been released overnight, June 16, 2014. As always, there’s a massive amount of new data to examine, and TerraJoule.us will select highlights over the next few issues.
The big picture of global energy use is a great place to start however, and below is a chart of Global Energy Use by Source, in 2013. The notable change is that coal has now reached over 30% share of total global energy use, and continues to challenge oil for the top position. The spread between use of the two fuels is slightly narrower than the chart suggests, however, because BP data combines oil use with other liquids. Against crude oil only, coal is now less than 2 percentage points from returning as the top energy source of the world.
Next Issue of TerraJoule.us
The next issue of TerraJoule.us will be published Tuesday July 1, 2014.
Thanks so much for reading TerraJoule.us, and we hope to see you again next month.
Editor, of TerraJoule.us Monthly ebook
Follow on Twitter