Author page: Yuriy Plakitkin

The Pricing Loop of Global Power Engineering Development (Fundamental Factors Analysis)

#5. The Forerunners of Memory

To answer numerous questions about the future price dynamics the author carries out a research in the field of cyclical energy resources consumption and cyclical changes in their prices and concludes that the pricing loop will be tightened enough. In this regard, the author believes that the global economy will choose the path of more quick decrease in the world oil price and the lack of need for providing global oil demand by developing new, more expensive fields.