Navigation Links
Bird Flu Likely To Reduce World Energy Demand

As per a Goldman Sachs report, bird flu may reduce world energy demand should it evolve into a form that is easily transmitted among humans, possibly by more than 1-million barrels a day//.

World oil use is about 85-million barrels a day, according to data issued by the US Energy Information Administration. “Should the flu mutate into a true global pandemic, the economic implications would be profound, potentially reducing energy demand by well over 1-million barrels per day,” the US investment bank said.

Goldman Sachs noted that the spread of severe acute respiratory syndrome (SARS) in 2003 had led to a sharp reduction in civilian airline schedules in Asia as demand for tourist and business travel declined.

Goldman Sachs did not expect bird flu to have any significant impact on demand for precious or industrial metals unless it developed into a global pandemic and damaged world economic activity. “In that case, metals prices would likely suffer, while gold could benefit from its safe-haven status in times of uncertainty,” the report said.

The report said that the impact on grain consumption from a fall in demand for poultry products would be offset by increased buying of other meats. The report also noted that beef is required three times as much feed per pound of meat and pork twice as much as chicken.

"We believe that the net impact of Asian avian influenza on grain demand is likely to be very modest. While feed consumption of poultry is likely to decline, increased demand for meat...such as beef and pork will probably offset the lower demand from poultry."

"In addition, people in affected countries may also switch from local to imported poultry products, in which case, the decline in demand for feed by the local poultry industry may be offset by the increase in demand for feed abroad," the report said.

The deadly H5N1 strain of bird flu has so far led to the slaughter of millions of bir ds in Asia and has killed more than 60 people in Vietnam, Thailand, Indonesia and Cambodia
'"/>




Related medicine news :

1. Likely reason which makes analgesics work against Alzheimers
2. Homeless More Likely to Die Early
3. A Likely Use For Estrogen Therapy
4. Blood Transfusion A Likely Cause For A Rare And Fatal Brain Disorder
5. Sleep Disorder,The Likely Cause Of Most Road Accidents
6. Premature Babies More Likely If Women Have Higher Protein Albumin In Urine
7. Women Less Likely To Conceive Post-Caesarean
8. Obesity More Likely to Cause Disability than Death in Elderly
9. A Likely Breakthrough For Prostate Cancer Patients
10. Men More Likely To Lose Teeth To Periodontal Disease
11. Women Who Smoke Are More Likely To Get Breast Cancer
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:2/11/2016)... ... February 11, 2016 , ... ... speaker, trainer and author Ray Clarke poses a question as a challenge for ... In his book, "Being in the Being" (published by Partridge Singapore), Clarke explores ...
(Date:2/11/2016)... (PRWEB) , ... February 11, 2016 , ... Colorado spine ... as one of 334 spine surgeons to know in 2016 . The list ... the field of spine surgery. , Dr. Corenman understands the importance of clinical ...
(Date:2/11/2016)... Rock, AR (PRWEB) , ... February 11, 2016 , ... ... in their community by announcing a new fundraiser in support of a local boy ... also hopes the campaign will bring awareness to, and rally support for, all local ...
(Date:2/11/2016)... ... February 11, 2016 , ... ... the American Academy of Dermatology Annual Meeting at the Walter E. Washington Convention ... raise awareness for both the condition of hyperhidrosis (excessive sweating) and its treatment ...
(Date:2/11/2016)... ... February 11, 2016 , ... The book, “Computers Should Just Work!”, provides ... to ask your IT consultant before signing a contract and how to spot an ... “With companies relying heavily on e-mail and technology, it’s more important than ever to ...
Breaking Medicine News(10 mins):
(Date:2/11/2016)... The primary goal of this research is ... the usage of liquid biopsy. Key information the survey ... Timeframe of liquid biopsy adoption amidst future users - ... type - Sample inflow to conduct liquid biopsy tests ... and so on. - Correlation analysis of sample type ...
(Date:2/11/2016)... Feb. 11, 2016 Laboratory glassware ... in laboratories. These may range from microscope slides to ... is made from borosilicate glass because of its low ... the other hand, started gaining popularity over the past ... to replace glass with plastic in several applications due ...
(Date:2/11/2016)... -- Governor Andrew M. Cuomo today announced a major expansion ... Western New York . This announcement, made ... includes a major expansion of Athenex,s North American headquarters ... , as well as the creation of a state-of-the-art, ... . The combined projects are expected to yield ...
Breaking Medicine Technology: