Crude Volatility: The History and the Future of Boom-Bust Oil Prices (Center on Global Energy Policy Series)

The Crude Volatility book is a comprehensive and engrossing journey through the history of oil prices, shedding light on the factors that contribute to their extreme fluctuations.

From the gushing Pennsylvania oil fields of the 1860s to today's fraught and fractious Middle East, this book provides a detailed account of how past periods of stability and volatility in oil prices can help us understand the new boom-bust era.

With a focus on the Herculean market interventions undertaken by industry leaders and officials to stabilize oil prices, Crude Volatility offers valuable insights into the consequences of the ebbing of OPEC's power and provides recommendations for avoiding mistakes in the current unwelcome return of boom and bust oil prices.

This book is a must-read for anyone interested in understanding the complexities of the oil market and its impact on the global economy and geopolitical landscape.