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  The American German Business Club (AGBC) Frankfurt hosted a very timely and interesting webinar on October 26th titled American Economy and Energy Industry in Covid Times: What Lies Ahead. Thomas Leiser, AGBC Frankfurt Secretary, hosted via Zoom from his home in Gießen and special guest, Anthony Livianios, gave an engaging presentation from his home in Houston, Texas.
  Mr. Livanios, a 30 year veteran of the energy industry and current CEO of U.S. Energy Stream (an oil and gas advisory firm in Houston & Frankfurt), opened by stating, “My goal tonight is to put the volatility and uncertainty of the energy industry into perspective.” Mr. Livanios didn’t downplay the severity of the situation. “The situation is unprecedented, like science fiction. We are experiencing the largest decline in energy use in percentage and absolute terms. This is double the crisis of 2008.” He added that “The natural gas situation is much worse. ‘Perfect Storm situation.’ Highest recorded decline and on way to largest demand shock in natural gas demand in history."