It is common for decision makers and media to conflate the oil price with the price of energy. High crude oil prices are taken as signals of energy scarcity. By contrast, and perhaps misleadingly, low crude oil prices are perceived as evidence of energy abundance.
Jorge Blazquez
Former Research Fellow
Jorge is a former research fellow specializing in energy and economics, with research interests in energy and macroeconomics, energy policies…
Jorge is a former research fellow specializing in energy and economics, with research interests in energy and macroeconomics, energy policies and transitions.