The Global Energy Markets in a Strong Change
Janusz Chojna,
Miklós Losoncz () and
Paavo Suni
No 12, ETLA Brief from The Research Institute of the Finnish Economy
Abstract:
Abstract The fossil energy markets are in a rapid change due to rising use of non-conventional resources of crude oil and natural gas especially in the US. In Europe the Polish production is expected to start in the next few years, although environmental concerns delay the beginning. This new production prompted by strongly risen crude oil prices, is increasing oil production markedly. The “end of oil” is moving further.
Pages: 4 pages
Date: 2013-05-16
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