energy trade and geopolitics

• What is the most traded fossil fuel?

  Oil
• Why is oil the most traded fossil fuel?

  High demand and production-consumption mismatch
• What problems arise from the mismatch in oil production and consumption?

  Environmental risks and geopolitical issues
• What are the characteristics of coal and uranium in trade?

  Lower value and bulky, traded in smaller volumes
• How is gas traded?

  Through pipelines or as LNG by sea
• What temperature is LNG traded at?

  -162 degrees Celsius
• How are renewables typically traded?

  As electricity produced, not as resources
• What is an energy pathway?

  Flow of energy from producer to consumer
• What does energy security refer to?

  Uninterrupted availability of energy sources
• What is OPEC?

  Organization of Petroleum Exporting Countries
• Why does OPEC have a large influence on the oil market?

  Members control over half of the world's oil reserves
• What are the types of energy traded and their characteristics?

  • Oil: Most traded fossil fuel, high demand
  • Coal: Lower value, bulky, less traded
  • Uranium: Traded internationally, smaller volumes
  • Gas: Traded via pipelines or as LNG
  • Renewables: Traded as electricity, not resources