When oil prices jump, is speculation to blame?

Whenever the price at the pump climbs week after week, people start pointing fingers at investment banks, hedge funds and other speculators. This article quantifies the role that speculation played in the rise of oil prices during the past decade.

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Year of publication:	2012
Authors:	Fawley, Brett W. ; Juvenal, Luciana ; Petrella, Ivan
Published in:	The Regional Economist. - Federal Reserve Bank of St. Louis. - 2012, Apr
Publisher:	Federal Reserve Bank of St. Louis
Subject:	Petroleum products - Prices \| Petroleum industry and trade \| Gasoline

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010727222