Prospects for the Development of Transport in Poland during the Energy Crisis

Grzegorz Zimon
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Grzegorz Zimon: Department of Finance and Accountancy, Faculty of Management, Rzeszow University of Technology, 35-959 Rzeszow, Poland.

International Journal of Energy Economics and Policy, 2023, vol. 13, issue 3, 56-60

Abstract: Recent years have been times of crisis triggered by the Covid-19 pandemic and the Russian attack on Ukraine. Energy markets have seen dynamic increases in commodity prices, which have continued to this day. The prices of oil, whose rise fuels inflation are particularly important for the world economy. The paper presents an overview and per- prospects for the development of transport in Poland during the energy crisis and the Covid-19 pandemic. The analysis carried out on the example of Poland clearly shows that in the near term there is no chance to reduce fuel prices in Poland, which would result in a decrease in transport costs. It seems that the only chance for companies to reduce transport costs is to change their supply and inventory management strategies to take advantage of economies of scale and maintain high inventory levels. On the other hand, in world markets, oil prices will fall only if the war in Ukraine finishes.

Keywords: Covid-19; Economic Stability; crisis; Oil; energy costs; Poland (search for similar items in EconPapers)
JEL-codes: L9 O13 P18 Q00 (search for similar items in EconPapers)
Date: 2023
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