Minor Issues

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Energy Prices

Minor Issues

Tags Booms and BustsFinancial MarketsU.S. Economy

06/03/2023Mark Thornton

While talk of high gas prices is no longer a headline issue, energy economics is still a vitally important aspect of understanding the economy, including the business cycle. Mark explains the basics, tells us where we now stand, and what the major implications are for the near future.

Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma


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Contact Mark Thornton

Mark Thornton is the Peterson-Luddy Chair in Austrian Economics and a Senior Fellow at the Mises Institute. He is the book review editor of the Quarterly Journal of Austrian Economics, and has authored seven books and is a frequent guest on national radio shows.