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:6/25/2016)... ... 25, 2016 , ... Conventional wisdom preaches the benefits of moderation, whether it’s ... setting the bar too high can result in disappointment, perhaps even self-loathing. However, those ... goal. , Research from PsychTests.com reveals that behind the tendency to ...
(Date:6/24/2016)... ... ... in a crisis. Her son James, eight, was out of control. Prone to extreme mood ... something upset him, he couldn’t control his emotions,” remembers Marcy. “If there was a ... children and say he was going to kill them. If we were driving on ...
(Date:6/24/2016)... Diego, CA (PRWEB) , ... June 24, 2016 , ... ... with the American Cancer Society and the Road To Recovery® program to drive cancer ... to seniors and other adults to ensure the highest quality of life and ongoing ...
(Date:6/24/2016)... ... June 24, 2016 , ... The Haute Beauty ... Barry M. Weintraub as a prominent plastic surgeon and the network’s newest partner. ... and the most handsome men, look naturally attractive. Plastic surgery should be invisible.” ...
(Date:6/24/2016)... ... ... Venture Construction Group (VCG) sponsors Luke’s Wings 5th Annual ... Country Club at 1201 Rockville Pike, Rockville, Maryland, 20852. The event raised funds ... been wounded in battle and their families. Venture Construction Group is a 2016 Silver ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... NAMUR , Belgium , ...  (NYSE MKT: VNRX), today announced the appointment of ... Board of Directors as a Non-Executive Director, effective ... the Company,s Audit, Compensation and Nominations and Governance ... Board, Dr. Futcher will provide independent expertise and ...
(Date:6/23/2016)... HILLS, Calif. , June 23, 2016 Any ... the many challenges of the current process. Many of them ... because of the technical difficulties and high laboratory costs involved. ... have to offer it at such a high cost that ... afford it. Dr. Parsa Zadeh , founder ...
(Date:6/23/2016)... Research and Markets has announced the ... 2016 - Forecast to 2022" report to their offering. ... up to date financial data derived from varied research sources ... with potential impact on the market during the next five ... comprises of sub markets, regional and country level analysis. The ...
Breaking Medicine Technology: