There have been a few important developments in the world of energy that everybody needs to be aware of. The energy industry has become more unstable than ever even without the appearance of disruptive technologies like low energy nuclear reaction (LEN…
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An Economist Looks at the E-Cat (Part Three): How Will the E-Cat Impact Oil Prices?
This is the third post in a series written by Paul Bennett, PhD candidate in economics at George Mason University. What will the E-Cat’s impact be on the trajectory of the price of oil? As discussed in previous posts, the price of oil is much higher than the extraction costs of the most easily extracted …