Quote from Ralph Morrison
The laws I want to talk about are the basic laws of electricity. I'm not
referring to circuit theory laws as described by Kirchhoff or Ohm but the
laws governing the electric and magnetic fields. These fields are
fundamental to all electrical activity whether the phenomenon is lightning,
electrostatic display, radar, antennas, sunlight, and power generation,
analog or digital circuitry.
These laws are often called Maxwell's equations. Light energy can be
directed by lenses, radar energy can be directed by waveguides and the
energy and power frequencies can be direct conductors. Thus we direct energy
flow at different frequencies by using different material.
For utility power the energy travels in the space between the conductors not
in the conductors. In digital circuits the signal and energy travel in the
spaces between the traces or between the traces and the conducting surfaces.
Buildings have halls and walls. People move in the halls not the walls.
Circuits have traces and spaces, signals and energy moves in the spaces not
the traces.
https://books.google.com/books?id=t7EB4PJMPVsC&pg=PT20&dq=moving+electrical+
energy,+ralph+morrison&hl=en&sa=X&ved=0ahUKEwisrtrwlIPNAhWkyoMKHX-MCsAQ6AEIL
DAD#v=onepage&q=moving%20electrical%20energy%2C%20ralph%20morrison&f=false
Here are a couple links for you to read on the subject.
http://science.uniserve.edu.au/school/curric/stage6/phys/stw2002/sefton.pdf
http://amasci.com/miscon/elect.html