Since the first petroleum crisis in 1973-74 oil prices have risen considerably. One reason for this has been that oil consumers have been insensitive to price changes. In the short run it has been difficult to find any viable fuel alternative .
New OIES presentation on oil price shocks: Building a case for a sustained rise in oil prices based on geopolitical… https://t.co/g0V1Qc0sNh
Demand Shocks, Supply Shocks and Oil Prices: Implications for OPEC https://t.co/mWubAQ8fmi
The Geopolitics of East Med Gas: Hyped Expectations and Hard Realities https://t.co/2BOXoOzDnr
OIES paper on China’s growing gas import dependency: Given gas been playing a growing role in China’s plans to clea… https://t.co/GNQeFWpQT9