Published February 2016
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Falling oil prices: the paradoxical signal of the world's finitude
Description
A new world oil order has imposed itself in a very short time, taking all economic players by surprise. With prices collapsing by 75% since June 2014, to fall below $30 a barrel, oil hasn't been this cheap for ten years. This fall may have short-term negative consequences in the fight against global warming, in particular by reducing incentives for the development of energy efficiency and renewable energies. But what interests us above all here are the deeper causes of this fall, which is as spectacular as it is unexpected, and which we consider as a paradoxical signal of the world's finitude
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Additional details
Additional titles
- Original title (French)
- Chute des prix du petrole: le signal paradoxal de la finitude du monde
Publishing Information
- Imprint Pagination
- 3 p.
- Report number
- INIS-FR--24-0058
INIS
- Country of Publication
- France
- Country of Input or Organization
- France
- INIS RN
- 55004727
- Subject category
- S02: PETROLEUM;
- Descriptors DEI
- DEBT COLLECTION; ECONOMIC ANALYSIS; ECONOMIC DEVELOPMENT; FINANCING; LENDING INSTITUTIONS; PETROLEUM INDUSTRY; SHALE OIL; SPOT MARKET; WHOLESALE PRICES
- Descriptors DEC
- ECONOMICS; ENERGY SOURCES; FOSSIL FUELS; FUELS; INDUSTRY; MARKET; PETROLEUM; PRICES
Optional Information
- Notes
- Available from the INIS Liaison Officer for France, see the INIS website for current contact and E-mail addresses