Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why
Harvard Business
MARCH 1, 2018
The constantly fluctuating number of barrels of crude available from nimble shale operations is a primary driver, but so are the long-term impact of increased fuel efficiency and the fits and starts of the global transition away from fossil fuels on world demand. It makes price movements less extreme but also more difficult to predict.
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