Download Petromania: Black gold, paper barrels and oil price bubbles eBook
by Daniel O'Sullivan
Daniel O'Sullivan is a journalist who has covered the energy and mining sectors for the past decade. He is currently employed by the Investors Chronicle magazine, part of the Financial Times Group.
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Black gold, paper barrels and the oil price bubble of 2008
Black gold, paper barrels and the oil price bubble of 2008 .
Contrary to entrenched establishment opinion still embraced by many, 'Petromania' proves this oil price blowout was a classic speculative bubble, but driven primarily by new modes of financial speculation.
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Petromania' matters because while all eyes are on the crippled banking system, we risk ignoring valuable lessons about twenty-first century markets from this other great boom-and-bust - even as the forces that blew the bubble are once again at work. Read full description. See details and exclusions.