[stevefarnworth]

I'm sorry? Oil isn't used to make electricity

Oil is used in some types of power station, and the markets are already reacting to not only the increased demand, but due to the infrastructure damage in the north of the country, the fact it'll be harder than ever to get it delivered.

http://online.wsj.com/article/BT-CO-20110312-700945.html

[MichaelApproved]

I initially assumed that Japans energy gneration profile was similar to the US where it's almost all coal and LNG which is why I didn't think it would impact the oil market as much.

A bit of googling gave me this article which states that oil is actually more popular than coal. http://www.fepc.or.jp/english/energy_electricity/electric_po...

I still wonder if their demand will go up since a lot of the infrastructure is damaged and unusable. But if it does go up, chances are they'll need more fuel oil.