Oil's Endless Bid
Taming the Unreliable Price of Oil to Secure Our Economy
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Beschreibung
Expert analysis of rising oil prices and the out-of-control oilmarkets that jeopardize both national security and the economy
The price of oil is negatively impacting both companies andconsumers. In Oil's Endless Bid: Taming the Unreliable Price ofEnergy to Secure Our Economy, energy analyst Dan Dicker recallshis experiences as an oil trader and reveals the changes that havetaken place in the oil markets during the past twenty years, andparticularly the last five, as investment banks, energy hedgefunds, and managed futures funds have come to dominate energytrading and wreak havoc on prices.
* Reveals why oil prices cannot stabilize without dramatic actionon the part of both government and business
* Details how the novel, but wrong, idea of oil as an asset classtook a sleepy, club-like market into the national spotlight
* Describes how the United States is unnecessarily handing itswealth over to foreign oil producers during a time when thepotential supply of oil is greater than ever
Written by an industry insider, Oil's Endless Bidanalyzes the biggest financial story of the last ten years?how welost control of our oil markets.
Autor*in
Dan Dicker
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