Using data from MarineTraffic (which is definitely worth a click through), the New York Times has created this terrific animation showing the flow of oil tankers from the Persian Gulf to the rest of the world from May 15 to June 15, 2019.
Here's a screenshot:
About 20% of the world's supply of oil flows through the Strait of Hormuz, a tiny passage located between Iran (north) and the UAE (south). See above.
The article also has a number of other charts that speak to changing supply and demand patterns. Note the US, China, and Iran.
Here are the top oil producers (total petroleum liquids) and the top crude oil exporters in 2018 (both are measured in millions of barrels a day):
And here are the top oil consumers ranked by 2016 data (total consumption of petroleum and other liquids):
Images/Charts: New York Times
Last week the Government of Canada filed a 2,100-page submission with the United Nation's Commission on the Limits of the Continental Shelf. Under UN Convention on the Law of the Sea (UNCOLS), states with coastal territory have the exclusive rights to about 370 kilometers beyond their shores in order to conduct economic activity. This includes the exclusive rights to any resources. However, states may also make claims to further extensions underneath the water if they can substantiate them through scientific research. Last week's submission attempts to do exactly that for an additional 1.2 million square kilometers of sea bed.
Here is a map from High North News:
Using data from MarineTraffic (which is definitely worth a click through), the New York Times has created this terrific animation showing the flow of oil tankers from the Persian Gulf to the rest of the world from May 15 to June 15, 2019.
Here's a screenshot:
About 20% of the world's supply of oil flows through the Strait of Hormuz, a tiny passage located between Iran (north) and the UAE (south). See above.
The article also has a number of other charts that speak to changing supply and demand patterns. Note the US, China, and Iran.
Here are the top oil producers (total petroleum liquids) and the top crude oil exporters in 2018 (both are measured in millions of barrels a day):
And here are the top oil consumers ranked by 2016 data (total consumption of petroleum and other liquids):
Images/Charts: New York Times
Last week the Government of Canada filed a 2,100-page submission with the United Nation's Commission on the Limits of the Continental Shelf. Under UN Convention on the Law of the Sea (UNCOLS), states with coastal territory have the exclusive rights to about 370 kilometers beyond their shores in order to conduct economic activity. This includes the exclusive rights to any resources. However, states may also make claims to further extensions underneath the water if they can substantiate them through scientific research. Last week's submission attempts to do exactly that for an additional 1.2 million square kilometers of sea bed.
Here is a map from High North News:
Back in 2016, the United States Postal Service published a report on the public perception of drone delivery in the US. This was nearly 3 years after Jeff Bezos announced on 60 Minutes that Amazon was working on a drone delivery service and that it would arrive within the next 5 years (so by 2019). I think USPS was trying to figure out how to be, or appear, more innovative.
Not surprisingly, the report found that Millennials were significantly more supportive of drone delivery (65%) compared to Baby Boomers (24%), who strongly dislike the idea. Generally, the report indicates that the percentage of people who think it's a good idea declines with every preceding or older generation. Again, I don't find this at all surprising.
But what I did find interesting was that, irrespective of age, respondents were primarily concerned with some sort of "malfunction." This was at the top of the list. Next in line were concerns around "intentional misuse," such as drones being used to transport illicit goods or to spy on people and/or property.
Closer to the bottom of the list was a concern that drone delivery "might make the sky less pleasant to look at." My own view is that visual clutter and noise pollution are critical problems to address here. There's talk of "drone highways in the sky", but how do you really manage the sheer volume of drones that would be needed to service a dense urban environment?
Photo by Goh Rhy Yan on Unsplash
The challenge with all of this is that Norway, Denmark, and Russia all have their own continental shelf claims, and there's geographic overlap. (The US has not yet ratified their UNCOLS agreement.) So it is unlikely for this to be resolved anytime soon, though all states seem willing to work with the UN. This is a relatively new debate because the North Pole and Arctic Ocean were previously considered neutral territory. But climate change is opening up new economic opportunities (i.e. there's a lot less ice). That's worrisome in its own right.
Click here for the full press release from the Government of Canada.
Back in 2016, the United States Postal Service published a report on the public perception of drone delivery in the US. This was nearly 3 years after Jeff Bezos announced on 60 Minutes that Amazon was working on a drone delivery service and that it would arrive within the next 5 years (so by 2019). I think USPS was trying to figure out how to be, or appear, more innovative.
Not surprisingly, the report found that Millennials were significantly more supportive of drone delivery (65%) compared to Baby Boomers (24%), who strongly dislike the idea. Generally, the report indicates that the percentage of people who think it's a good idea declines with every preceding or older generation. Again, I don't find this at all surprising.
But what I did find interesting was that, irrespective of age, respondents were primarily concerned with some sort of "malfunction." This was at the top of the list. Next in line were concerns around "intentional misuse," such as drones being used to transport illicit goods or to spy on people and/or property.
Closer to the bottom of the list was a concern that drone delivery "might make the sky less pleasant to look at." My own view is that visual clutter and noise pollution are critical problems to address here. There's talk of "drone highways in the sky", but how do you really manage the sheer volume of drones that would be needed to service a dense urban environment?
Photo by Goh Rhy Yan on Unsplash
The challenge with all of this is that Norway, Denmark, and Russia all have their own continental shelf claims, and there's geographic overlap. (The US has not yet ratified their UNCOLS agreement.) So it is unlikely for this to be resolved anytime soon, though all states seem willing to work with the UN. This is a relatively new debate because the North Pole and Arctic Ocean were previously considered neutral territory. But climate change is opening up new economic opportunities (i.e. there's a lot less ice). That's worrisome in its own right.
Click here for the full press release from the Government of Canada.
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