Friday, 6 March 2015

The Paradox of Oil: The Cheaper It is, the More It Costs

The Paradox of Oil: The Cheaper It is, the More It Costs


What is so frustrating about the state of much oil commentary today is the tendency for analysts to focus on the immediate or short-term situation, often from a purely financial/economic perspective, neglecting the larger social, political, and environmental contexts in which oil markets unfold. When those larger contexts are given due attention, it becomes clear that oil is a commodity that defies reductive analysis.

Read more: http://ift.tt/1Nq40T7

No comments:

Post a Comment