{"id":13242,"date":"2015-10-10T19:57:54","date_gmt":"2015-10-11T00:57:54","guid":{"rendered":"http:\/\/olduvai.ca\/?p=13242"},"modified":"2015-10-10T19:57:54","modified_gmt":"2015-10-11T00:57:54","slug":"oil-and-the-global-economy","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=13242","title":{"rendered":"Oil and the Global Economy"},"content":{"rendered":"<header class=\"entry-header\">\n<h3 class=\"entry-title\">Oil and the Global Economy<\/h3>\n<div class=\"entry-meta\"><a href=\"http:\/\/traffic.libsyn.com\/energyx\/004-Oil_and_the_Global_Economy.mp3\" target=\"_blank\" download=\"\"><img decoding=\"async\" src=\"https:\/\/energyx.org\/wp-content\/uploads\/download-button.png\" alt=\"download\" \/><\/a><\/div>\n<\/header>\n<div class=\"entry-content\">\n<p><a href=\"https:\/\/energyx.org\/wp-content\/uploads\/Oil-Economy.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-393\" src=\"https:\/\/energyx.org\/wp-content\/uploads\/Oil-Economy.jpg\" alt=\"Oil Consumption and Economic Growth\" width=\"400\" height=\"180\" \/><\/a>How important is oil to the future of the global economy?\u00a0 The remarkable economic expansion of in the United States and other industrial nations over the past century or more has been fueled by a steadily\u00a0<em>growing<\/em>\u00a0supply of low-cost energy\u2014mostly from fossil fuels\u2014oil in particular which accounts for more global energy consumption than any other source.<\/p>\n<p>But there is growing uncertainty whether this trend will continue as it has in the past.\u00a0\u00a0 How will shifting trends regarding the cost, demand, and supply for oil affect the global economy and the outlook for investment and economic growth?<\/p>\n<p>Guests:<\/p>\n<ul>\n<li>Stephen P.A. Brown\u00a0\u2013 professor of economics and director,\u00a0<a href=\"http:\/\/cber.unlv.edu\/\" target=\"_blank\">Center for Business and Economic Research<\/a>, Lee Business School, University of Nevada, Las Vegas; visiting fellow,\u00a0<a href=\"http:\/\/www.rff.org\/\" target=\"_blank\">Resources for the Future<\/a>; associate editor,\u00a0<em><a href=\"http:\/\/www.journals.elsevier.com\/energy-policy\/\" target=\"_blank\">Energy Policy<\/a><\/em><\/li>\n<li>Mark Lewis\u00a0\u2013 senior analyst for energy, climate, and sustainability research,\u00a0<a href=\"https:\/\/www.keplercheuvreux.com\/\" target=\"_blank\">Kepler Cheuvreux<\/a>\u00a0; former head of energy commodities research,\u00a0<a href=\"https:\/\/www.db.com\/\" target=\"_blank\">Deutsche Bank<\/a><\/li>\n<li>Jim Hansen\u00a0\u2013 president,\u00a0<a href=\"http:\/\/www.ravennacapitalmanagement.com\/\" target=\"_blank\">Ravenna Capital Management<\/a><\/li>\n<\/ul>\n<p>Key Questions:<\/p>\n<ul>\n<li>Cost: What are the key trends regarding costs of oil production and what are the implications for the global economy and investment in the energy sector.<\/li>\n<\/ul>\n<ul>\n<li>Price: How are recent trends regarding oil prices affecting the global economy? Is there a tension between sagging prices and rising costs and if so, what are the implications for the global economy and investment in the energy sector?<\/li>\n<\/ul>\n<ul>\n<li>Demand: How are trends regarding oil demand \u2014rising sharply in some countries, flattening in others\u2014affecting the global economy?<\/li>\n<\/ul>\n<ul>\n<li>Supply: How does uncertainty regarding energy supply factor into the outlook for the global economy and investment in the near-term and further down the road?<\/li>\n<\/ul>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Oil and the Global Economy How important is oil to the future of the global economy?\u00a0 The remarkable economic expansion of in the United States and other industrial nations over the past century or more has been fueled by a steadily\u00a0growing\u00a0supply of low-cost energy\u2014mostly from fossil fuels\u2014oil in particular which accounts for more global energy [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,3],"tags":[9069,366,588,1039,1775,595],"class_list":["post-13242","post","type-post","status-publish","format-standard","hentry","category-economics","category-energy-2","tag-energy-exchange","tag-global-economy","tag-oil","tag-oil-consumption","tag-oil-price-collapse","tag-oil-production"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13242"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13242\/revisions"}],"predecessor-version":[{"id":13243,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13242\/revisions\/13243"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}