Speculators and Oil Prices: What Do We Know and What Should We Do?
RFF First Wednesday Seminar
May 2, 2012
About the Event
Concerns have been raised in the popular press and elsewhere that an influx of speculators drove the price of oil to unprecedented heights in 2008, and that it may now be happening again. Although futures markets play an important role in our economy, do we need more safeguards to prevent financial traders from manipulating prices? Panelists reviewed the claims and counterclaims, presented evidence gleaned from ongoing research, and discussed the still-to-be completed process of reform that was mandated by the Dodd-Frank Act in 2010.
, Dean's Professor of Finance, Whitman School of Management, Syracuse UniversityDownload Presentation
Kevin Book, Managing Director, Research, ClearView Energy Partners, LLC