Slightly dated but still very relevant article by Alan Reynolds at CATO that explains where Oil consumption actually goes. The key point being made in by Alan in 2005 was don’t look at vehicular consumption of refined products, look at industrial production and usage driven by manufacturing, heating, farming and logistics. Alan also goes…Read more
Oil Consumption
Crude Oil and Inflation – Interesting framework and analysis
What is the impact of a change in crude oil prices on inflation? Two Thai analysts at TMB bank posted their insights and analysis based on the Thai economy at the Bangkok Post. An interesting article that walks through the framework used for the analysis and makes it possible for us to determine the…Read more