Finance Geek

Today’s regulators are fixated on banking reform, and rightfully so. Financial industries have buckled under fallout from the credit crisis. Although oil price gyrations also share blame for the recession, commodity futures markets are receiving less urgent attention than banking system repairs. Because crude oil prices have been relatively well-behaved in 2009, the dangers of spikes and squeezes seem less drastic now. Yet authorities who postpone energy regulation may do so at their peril.
Oil volatility inflicts punishment at large. On a macro level, economies suffer, as rising crude…

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This entry was posted on Monday, September 21st, 2009 at 4:29 am and is filed under RealClearMarkets. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.