Coronavirus and Oil Shock - Survival Test

The spread of the coronavirus across the planet, which is subject to

more and more new states, has kept us in fear for the past few weeks. In
many countries, schools and higher educational institutions are closing
down, sporting events are held in empty stands or simply canceled,
deserted streets, closed borders - gradually panic spreads around the
planet. News from around the world is one worse than the other. Pavel
Volchkov, head of the MIPT laboratory of genomic engineering, told
reporters that the studies of the COVID-2019 virus by scientists indicate
that this infection can become a chronic disease, turning into a latent
form in the human body.

Business and population will suffer enormous losses, far-reaching

consequences of the spread of the deadly virus can destroy the global
economy. With falling demand, an oil crisis erupted, bringing down oil
prices. Undoubtedly, not only the drop in oil demand due to the
coronavirus provoked a collapse in oil prices. Russia has applied prudent
tactics regarding the US shale oil industry, which could plunge it into
crisis. The underestimation by the American leadership of Russia's
response to endless sanctions and restrictions entailed a painful blow to
the US economy.
Russia's response to the Nord Stream 2 sanctions should make
supporters of the sanctions policy against Russia think again in the future
before introducing new sanctions and restrictions. Right now, as never
before, Bismarck's statement about Russia becomes relevant: “Do not
hope that once you take advantage of Russia's weakness, you will
receive dividends forever. Russians always come for their money. And
when they come - do not rely on the Jesuit agreements that you have
signed, supposedly justifying you. They are not worth the paper on which
they are written. Therefore, it’s worth playing with the Russians honestly
or not at all.”

Gas prices are closely related to oil prices. Therefore, a blow is also
being struck at LNG prices, which means that an agreement between
America and China on a large-scale purchase by the latter of huge
volumes of American LNG to equalize the balance of payments between
these countries will become unrealizable because of market prices that
become lower than the cost of American LNG and will cause financial
losses to US suppliers. The gap in the balance of payments between
America and China will increase even more, because Chinese producers
of goods will receive very cheap energy resources and will be able to
increase sales of their goods to America, which will cause an additional
blow to American producers of goods. In this situation, America will be
forced to impose increased duties on Chinese goods, in response to
receiving prohibitive duties on American goods. And so in a circle, the
end of which is not visible.

Energy is the blood of the economy and any shocks in this market are
fatal to it. Economic sanctions and all kinds of restrictions lead only to the
desire of the economies of countries to self-isolation, which puts an end
to the liberal idea of a world division of labor and free movement of
capital. With this concept, the German economy has already begun to
suffer, as it is oriented to a large extent on exports.

To protect the national economy from the effects of oil and gas crises,
states can insure themselves with the transition to alternative energy if
they wish. However, low oil and gas prices jeopardize its
competitiveness, which will negatively affect, for example, the rapid
transition of the population to electric cars when abandoning internal
combustion engines. With such uncertainty and an unstable situation in
the field of energy resources, more advanced and cheaper technologies
for generating electricity are needed than solar and wind generation.
Holger Schubart, CEO Neutrino Energy Group

A review of advanced and competitive technologies for generating

electricity shows that in the final stage of implementation, only
Neutrinovoltaic® technology is currently in place - a way to generate a
constant electric current under the influence of particles of an invisible
radiation spectrum. Based on this technology, the Neutrino® Energy
Group plans to start deliveries of Neutrino Power Cube® autonomous
compact direct current sources, which are manufactured using low-cost
and generally available materials, which will provide consumers with
interesting price parameters for the produced electric current, no later
than 2 years later. Preliminary calculations announced by the company
declare a price at least 50% cheaper than the price received from solar
panels. In addition, the company announces that the operating costs of
such sources are zero. Also, the compactness of direct current neutrino
sources makes it easy to integrate them into electric vehicle bodies,
which, given the existing electric vehicle operation with battery power,
will significantly increase the electric vehicle mileage between charges. If
the owner of the electric car uses it when traveling over relatively short
distances, for example, from home to work and vice versa, then the
presence of built-in neutrino current sources will make it possible to
completely refuse to charge the electric car from the general power
supply network, as current generation from a neutrino current source will
occur 24 hours a day / 365 days a year.
Holger THortsen Schubart, CEO of Neutrino Energy Group, states in
this regard, “To significantly increase the mileage of an electric vehicle,
we proceed with development work so that the body of the electric
vehicle also collects electricity from the environment. If, for example, the
trunk lid or hood is made of special carbon fiber, and our energy cell is
built between them, the radiation is converted into microvibrations in our
material, because of these microvibrations that resonate with the
movement of electrons, a constant electric current arises. My dream is to
make an electric car mileage without connecting to an outlet of 1,500-
2,000 km. It sounds fantastic today, but we are realizing it.”

It is such innovative technologies that allow humanity to look more

optimistically at the world in the difficult days of the spread of the deadly
virus, political conflicts and economic wars, boldly look to the future
without fossil fuels and solve the problem of preserving the planet
suitable for future generations.

Author: Rumyantsev L.K., Ph.D.

Tags: Holger Thorsten Schubart, Neutrino Energy Group, Neutrino

Power Cube, Neutrinovoltaic, alternative energy, renewable energy,
green energy, Cosmic radiation, greenhouse effect, Climate
conservation, Nature conservation, electric cars