(EnergyAsia, May 27, Wednesday) — This is an edited version of a commentary by Steven Kopits, managing director of energy consultant Douglas-Westwood in New York. In seeking to explain the run-up in oil prices from 2004 to 2008, commentators often turn to ‘speculation’ as the primary cause. While speculation — or at least a kind…
MARKETS: Consultant Douglas-Westwood says ‘peak oil’ not speculation responsible for volatility
Posted on May 26, 2009 by EnergyAsia