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Dicker, Dan

Oil's Endless Bid: Taming the Unreliable Price of Oil to Secure Our Economy

Dicker, Dan - Oil's Endless Bid: Taming the Unreliable Price of Oil to Secure Our Economy, ebook

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ISBN: 9781118030417
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Expert analysis of rising oil prices and the out-of-control oil markets that jeopardize both national security and the economy

The price of oil is negatively impacting both companies and consumers. In Oil's Endless Bid: Taming the Unreliable Price of Energy to Secure Our Economy, energy analyst Dan Dicker recalls his experiences as an oil trader and reveals the changes that have taken place in the oil markets during the past twenty years, and particularly the last five, as investment banks, energy hedge funds, and managed futures funds have come to dominate energy trading and wreak havoc on prices.

  • Reveals why oil prices cannot stabilize without dramatic action on the part of both government and business
  • Details how the novel, but wrong, idea of oil as an asset class took a sleepy, club-like market into the national spotlight
  • Describes how the United States is unnecessarily handing its wealth over to foreign oil producers during a time when the potential supply of oil is greater than ever

Written by an industry insider, Oil's Endless Bid analyzes the biggest financial story of the last ten years?how we lost control of our oil markets.

Keywords: dan dicker, speculative oil, oil market, oil and the economy, oil markets, price of oil, energy analyst, energy expert, oil trader, oil traders, price of oil, oil asset class, foreign oil

Author(s)
Publisher
John Wiley and Sons, Inc.
Publication year
2011
Language
en
Edition
1
Page amount
336 pages
Categories
Economy
 
General Works
Format
Ebook
eISBN (ePUB)
9781118030417
Printed ISBN
9780470915622

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