Introduction
The future of energy will ultimately determine geopolitical alliances. It is energy production and distribution costs that determine pricing which is reflected throughout the several stages of the economic process.
The three major areas of the economic process are a) the extraction of raw materials, b) fashioning them into consumer products and c) distributing them to the consumer who also takes part in the production and distribution feedback loop processes.
Since energy is a key factor in all three phases in every sector, it is energy availability and pricing that determine the gross national product (GNP), living standards, and mitigation of cost-push, demand-pull, and inflationary pressures.
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