"Oil Intensity Slows Global Economic Impact, But Experts Warn of Hidden Dangers A recent trend of decreasing oil intensity has provided a temporary reprieve for the global economy, which has been struggling to recover from the effects of the pandemic and other global challenges. Oil intensity, a measure of how much oil is required to produce a unit of economic output, has been steadily declining in many countries, making energy more efficient and reducing the economic impact of oil price shocks. However, experts are warning that this trend may also lead to reckless political choices, as governments and industries may rely too heavily on the assumption that oil intensity will continue to decline, rather than investing in more sustainable and long-term energy solutions. As the global economy continues to navigate uncertain times, policymakers must carefully consider the implications of this trend and avoid making decisions that could ultimately undermine the transition to a more sustainable energy future."
Improvements in oil intensity have cushioned the global economy so far — but could prompt reckless political choices
