Difference between revisions of "High Energy Prices"
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==Description:== | ==Description:== | ||
The climbing price of oil combined with limited | The climbing price of oil combined with limited conversion capacity is causing a steady, and lasting increase in energy prices. | ||
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==Enablers:== | ==Enablers:== | ||
Revision as of 18:39, 7 September 2005
Description:
The climbing price of oil combined with limited conversion capacity is causing a steady, and lasting increase in energy prices.
Enablers:
- High energy consumption in America and other parts of the world
- Natural Disasters destroy sourcing and production capabilities
- Limited capacity to convert and distribute energy
Inhibitors:
- Government safety stock of oil
- Economic deflation reduces demand
Paradigms:
Energy use decreases for the long term
Experts:
- Economists
Timing:
No information is needed to understand this driving force.