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Dr. Janet Breslin-Smith
      Presentation
Saudi Arabia Energy




Today                Future
Saudi Arabia Energy



                          Production




Today                Future
Saudi Arabia Energy
                       Consumption



                          Production




Today                Future
Saudi Arabia Energy
                       Consumption



                          Production




Today                Future
Saudi Arabia Energy
                       Consumption



                          Production




Today      2030?     Future
Saudi Arabia Energy
                       Consumption



                          Production
   Selling



Today        2030?   Future
Saudi Arabia Energy
                               Consumption

                     Buying 
                               Production
   Selling



Today        2030?       Future
U.S. Energy




Today                 Future
U.S. Energy



                        Consumption




Today                 Future
U.S. Energy
                         Production



                        Consumption




Today                 Future
U.S. Energy
                         Production



                        Consumption




Today                 Future
U.S. Energy
                         Production



                        Consumption




Today      2030?      Future
U.S. Energy
                             Production



                            Consumption
   Buying



Today          2030?      Future
U.S. Energy
                                     Production

                          Selling 
                                     Consumption
   Buying



Today          2030?           Future
Subsidize Petrol?
Price




                        Quantity
Subsidize Petrol?
Price




                            Demand
                        Quantity
Subsidize Petrol?
Price                       Supply - Market




                            Demand
                        Quantity
Subsidize Petrol?
Price                       Supply - Market



  Pm



                            Demand
             Qm         Quantity
Subsidize Petrol?
Price                       Supply - Market


                             Supply - Subsidize
  Pm



                            Demand
             Qm         Quantity
Subsidize Petrol?
Price                       Supply - Market


                             Supply - Subsidize
  Pm
   Ps

                            Demand
             Qm         Quantity
Subsidize Petrol?
Price                       Supply - Market


                             Supply - Subsidize
  Pm
   Ps

                            Demand
             Qm         Quantity
Subsidize Petrol?
Price                       Supply - Market


                             Supply - Subsidize
  Pm
   Ps

                            Demand
             Qm   Qs    Quantity
Subsidize Petrol?
Price                       Supply - Market


                             Supply - Subsidize
  Pm
   Ps

                            Demand
             Qm   Qs    Quantity
Subsidize Petrol?
Price       Too much        Supply - Market
               and
            too cheap
                             Supply - Subsidize
  Pm
   Ps

                            Demand
             Qm     Qs   Quantity
Profit attracts Innovation
Price




                 Time
Profit attracts Innovation
Price




                  Price

                 Time
Profit attracts Innovation
Price




                  Price
                  Cost
                 Time
Profit attracts Innovation
Price




        Innovation


                     Innovation


                             Innovation


                                          Innovation
                                                        Price
                                                        Cost
                                                       Time
Profit attracts Innovation
Price
                                                   Innovation drops cost
                                                      allowing price to
                                                          also drop

        Innovation


                     Innovation


                             Innovation


                                          Innovation
                                                         Price
                                                         Cost
                                                       Time

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Energy subsidy innovation

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