Thursday, May 26, 2011
Dan Dicker: Oil's Endless Bid
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.
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