New blazing-fast Wi-Fi will usher in a cordless future. Plus, what to expect from upcoming cable regulation, state planning for cyber disruptions and Apple’s billion-dollar bet on Chinese ride sharing.
The next month or two figure to be an extremely bumpy period for the oil market. Predicting what the price of crude will do any given day will be even harder than usual. The only thing you can count on is plenty of volatility. Traders are digesting worries about real or potential shutdowns of oil production on four continents, even as the global economy shows signs of slowing, which could dent oil demand. But when the dust clears, we suspect the price of a barrel of oil this summer won’t be radically different from today’s level.
In this issue: China’s plan to build its own chip industry. What’s next for mobile laser technology? Big bets on smart cities. Drone consultants. The birth of quantum cloud computing. How to make your older car smarter and safer.
Two weeks ago, we sat down to talk energy with Jason Schenker, president and chief economist of Prestige Economics in Austin, Texas. He specializes in commodity markets and is known for the accuracy of his price forecasts, so when he talks about what’s ahead for oil and natural gas, it pays to take note. Here are highlights of our conversation, lightly edited for clarity.