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:6/26/2016)... ... June 26, 2016 , ... On June 10-11, 2016, A Forever Recovery, ... Festival and World’s Longest Breakfast Table in Battle Creek, MI, where the rehabilitation facility ... home to some of the world’s leading providers of cereal and other breakfast foods. ...
(Date:6/26/2016)... ... June 26, 2016 , ... Many women are confused ... endometriosis. These women need a treatment plan to not only alleviate symptoms and ... help for preservation of fertility and ultimately achieving a pregnancy. The specialists at ...
(Date:6/25/2016)... ... 2016 , ... "With 30 hand-drawn hand gesture animations, FCPX users can easily ... of Pixel Film Studios. , ProHand Cartoon’s package transforms over 1,300 hand-drawn pictures ... . Simply select a ProHand generator and drag it above media or text in ...
(Date:6/25/2016)... ... 2016 , ... On Friday, June 10, Van Mitchell, Secretary of the Maryland ... iHire in recognition of their exemplary accomplishments in worksite health promotion. , The Wellness ... & Wellness Symposium at the BWI Marriott in Linthicum Heights. iHire was one of ...
(Date:6/24/2016)... ... June 24, 2016 , ... June 19, 2016 is World ... with chronic pain and the benefits of holistic treatments, Serenity Recovery Center ... with Sickle Cell Disease. , Sickle Cell Disease (SCD) is a disorder of the ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... a startling report released today, National Safety Council research ... proven plan to eliminate prescription opioid overdoses. Prescription Nation ... tackling the worst drug crisis in recorded U.S. history, assigned a ... , New Mexico , Tennessee ... failing states, three – Michigan , ...
(Date:6/23/2016)... 2016 Capricor Therapeutics, Inc. ... biotechnology company focused on the discovery, development and ... enrollment in its ongoing randomized HOPE-Duchenne clinical trial ... of its 24-patient target. Capricor expects the trial ... of 2016, and to report top line data ...
(Date:6/23/2016)... MOUNTAIN VIEW, Calif. , June 23, 2016 ... 9:00 a.m. CST on Thursday, July 7, 2016 , , ... kayla.belcher@frost.com ) , , , , EXPERT PANELISTS:  ... Sciences, Nitin Naik; Senior Industry Analyst, Christi Bird; Senior Industry Analyst, ... The global pharmaceutical industry is witnessing ...
Breaking Medicine Technology: