Tag Archives: oil price

The Drop in Oil Price and What it Means

The test of any major transition is in its response to a sharp perturbation. Often such disturbances come in the form of a major war. Fortunately, the present global energy transition is being tested in a much more peaceful manner. … Continue reading

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Predicting the Future and its Impacts

In the last blog (June 30th) I started to investigate the impact of the recent large drop in global oil prices on the global energy transition from fossil fuels to sustainable energy sources. The sharp decline in oil prices has … Continue reading

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The Stuttering Energy Transition and the Sharp Drop in Oil Price

Economically, the recent global event that has attracted everybody’s attention is the sharp and major decline in oil prices. Figure 1 shows the decline. I am writing this blog on Friday, January 9th, and the price of Brent Crude is … Continue reading

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