Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why
Harvard Business Review
MARCH 1, 2018
The constantly fluctuating number of barrels of crude available from nimble shale operations is a primary driver, but so are the long-term impact of increased fuel efficiency and the fits and starts of the global transition away from fossil fuels on world demand. .—while oil production, up from a mere 10% just seven years ago in 2011.
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