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Five Articles on Oil Prices

Geoff Riley

29th May 2008

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A selection of news stories and comment pieces on the turbulence in global oil markets and the economic consequences. I particularly enjoyed the piece in the FT today about a possible destruction point for oil consumption, aka a tipping point when actual and expected prices going forward are so high that there is a clear momentum away from using oil and an increasingly desperate search for fuel efficiencies and substitutes.

BBC
Q&A: Record oil prices

Independent - Hamish McRae
Crude prices may have peaked but developing countries hold the key

Guardian
The end of the budget airline

Telegraph:
Asian countries begin to burst the oil bubble

Financial Times
All eyes on oil barometer as ‘destruction point’ looms

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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