Oil Prices, Ben Bernanke, Inflation, and the Fourth Energy Recession

Author
Philip K. Verleger
Date
2005-11-15
Views
4023
P.Verleger_Oil_Prices_Ben_Bernanke_Inflation_and_the_Fourth_Energy_Recession


Oil Prices, Ben Bernanke, Inflation, and the Fourth Energy Recession

- Speaker: Philip K. Verleger, President, PKVerleger, LLC

- Date : November 15, 2005.

"This product/crude relationship implies that the product shortage noted above will raise crude prices in the United States and across globe. Tight gasoline markets next summer could easily lead to crude prices of around $100 per barrel. Our analysis, published seperately, indicates that crude price increase to $100 ould boost U.S. inflation rates above 6 percent..."
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