Oil's endless bid : taming the unreliable price of oil to secure the economy

Dicker, Dan

Oil's endless bid : taming the unreliable price of oil to secure the economy / Dan Dicker - xiv, 338 pages : illustrations

Includes index.

Introduction : the oil market is broken Chapter 1. A brief look back at the good old days of oil trading Part I. Oil's endless bid : what caused it? Chapter 2. The assetization of oil, part 1 : commodities aren't stocks Chapter 3. The assetization of oil, part 2 : the problem with commodity indexes and exchange-traded funds Chapter 4. The rise of the investment banks and their financial finagling Chapter 5. Increased access to trading oil : the trading floor goes online Part II. The destruction of reliable fundamental pricing of oil Chapter 6. Why oil traders don't care about the price of oil - or the value of the dollar Chapter 7. Oil traders couldn't care less about peak oil Chapter 8. Alternative sources of oil Chapter 9. Proof of oil's endless bid : crack spreads Chapter 10. The fuel that the endless bid forgot : natural gas Part III. Where are we headed? Chapter 11. What needs to be done Epilogue : oil's endless bid appears in the Gulf of Mexico Appendix A. A brief review of the history of futures Appendix B. An extreme example of intervention in the futures market : how three Dallas oil tycoons tried to corner the silver market

9780470915622


Petroleum products--Prices
Petroleum industry and trade
Petroleum reserves

338.23282