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Surveillance: Earnings Recession with Wilson

Bloomberg Surveillance

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Emerita Senjo, Oil and Coal - Is There a Substitute Effect?

It's been one of the worst runs for Tottenham in the league since 1988. You conceded more than two goals in each game for seven games in a row. That hasn't been done since 1988. For Villa, we've got a new manager and things look to be on the up. But no, there isn't any direct links simply because oil is barely used in power generation. Emerita Senjo, he's a director of research, energy aspects. Of course, it impacts gas hugely. And yeah, when we've had gas prices surge, we have seen in Europe, for instance, coal usage go up a lot. At the margin, we've obviously seen oil usage go up

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