On July 15th from 2:00-3:00pm ET, join REMI for “Oil Price Increases: Economic & Fiscal Impacts.” This webinar will be presented by Dr. Peter Evangelakis, Senior Vice President of Economics and Consulting at REMI, and Shreeya Gurav, an Analyst.
The conflict with Iran has disrupted major supply routes, contributing to higher oil prices and creating ripple effects across the economy. While this shock may benefit the domestic oil industry, rising energy costs can place added pressure on energy-intensive industries and increase manufacturing and logistics expenses. These effects can ultimately reach consumers through higher household energy bills, increased transportation expenses, and broader cost-of-living pressures.
In this webinar, REMI will model the economic impacts of rising oil prices, examining effects on employment, population, output, GDP, and other key economic indicators. We will demonstrate how the magnitude of these impacts varies across regions and industries. Attendees will gain insight into how oil price shocks affect businesses, regional economies, and consumers.