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Relevance of oil prices for mobility today and in the next decades

Author

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  • Seeliger, Andreas

Abstract

The paper discusses the role of crude oil prices as an important cost factor for individual and collective mobility. After a short introduction, there will be three further sections. Section 2 covers a general discussion of the relevance of oil today and also several scenarios for the future demand development will be discussed. In section 3 some oil price forecasts will be presented and compared to fundamental cost parameters. The paper ends with a conclusion section.

Suggested Citation

  • Seeliger, Andreas, 2012. "Relevance of oil prices for mobility today and in the next decades," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 35-44.
    • Handle: RePEc:zbw:espost:162130
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    File URL: https://www.econstor.eu/bitstream/10419/162130/1/Seeliger%20MIGW%202012%20Oil%20prices.pdf
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    More about this item

    Keywords

    Oil prices; Energy markets;

    JEL classification:

    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting

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