The Influence of Oil
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The Influence of Oil
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Join us for a jargon-free introduction to the power dynamics of oil. We all use it in some shape or form -- to get around, to heat our homes, to make plastics -- and because of this, the power dynamics between countries who produce oil and those who consume it has been a source of tension for decades.
Who produces and consumes the most oil? What kind of power do they have? In April 2019, the impacts of Covid-19 led to negative oil prices -- what does this mean? What is the future of oil, given Covid-19 and climate change?
Our guest expert, Dr. Sergey Paltsev (from the MIT Joint Program on the Science and Policy of Global Change and MIT Energy Initiative) covers the basics in a short, jargon-free fireside chat with host Laur Hesse Fisher, plus answers questions from the curious folks who attended the event live.
Music by Blue Dot Sessions