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The Global Energy Markets in a Strong Change

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  • Chojna, Janusz
  • Losoncz, Miklós
  • Suni, Paavo

Abstract

The fossil energy markets are in a rapid change due to rising use of non-conventional resources of crude oil and natural gas especially in the US. In Europe the Polish production is expected to start in the next few years, although environmental concerns delay the beginning. This new production prompted by strongly risen crude oil prices, is increasing oil production markedly. The “end of oil” is moving further.

Suggested Citation

  • Chojna, Janusz & Losoncz, Miklós & Suni, Paavo, 2013. "The Global Energy Markets in a Strong Change," ETLA Brief 12, The Research Institute of the Finnish Economy.
    • Handle: RePEc:rif:briefs:12
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