Blog
Five Articles on Oil Prices
29th May 2008
A selection of news stories and comment pieces on the turbulence in global oil markets and the economic consequences. I particularly enjoyed the piece in the FT today about a possible destruction point for oil consumption, aka a tipping point when actual and expected prices going forward are so high that there is a clear momentum away from using oil and an increasingly desperate search for fuel efficiencies and substitutes.
Independent - Hamish McRae
Crude prices may have peaked but developing countries hold the key
Guardian
The end of the budget airline
Telegraph:
Asian countries begin to burst the oil bubble
Financial Times
All eyes on oil barometer as ‘destruction point’ looms
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.