The Vega Factor: Oil Volatility and the Next Global Crisis
June 6, 2011
Hosted by Jordan Goodman
[Download MP3] [itunes] [Bookmark Episode]
Guest Information
Episode Description
Our guest today, Kent Moors, is an internationally recognized expert in oil and gas policy/finance and risk assessment and Professor in the Department of Political Science and the Graduate Policy Center at Duquesne University, where he is also Scholar in Residence at the Institute for Energy and the Environment. We will discuss his latest book: The Vega Factor: Oil Volatility and the Next Global Crisis, which takes an in-depth look at the most important topics in the industry, including strategic risk, why traditional pricing mechanisms will no longer govern the market, and how the current government approaches have only worsened an already bad situation. The Vega Factor details the industry's players, including companies, traders, and governments; describes the priorities that will need to be revised, and the policies needed to achieve stability and explains how today's oil market is fundamentally different from the pre-crisis market.
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Jordan Goodman
Jordan Goodman has a mission: to help everyone do better with money. Since graduating the Columbia University School of Journalism in 1977, he has spent the past 32 years combing the country to find the very best ways to help consumers make and save money and then sharing these gems with the public. As a staff writer/reporter at MONEY Magazine for 18 years, a weekly commentator on NBC News at Sunrise and Public Radio’s Marketplace Morning Report, and through his 12, soon to be 13 highly respected books, and his website www.moneyanswers.com, he has provided useful, common-sense information to the public. Some of his better-known books include Fast Profits in Hard Times, Everyone’s Money Book, the Dictionary of Finance and Investment Terms and Master Your Money Type. Jordan is a rare combination: someone who possesses not only encyclopedic knowledge about every area of personal finance but also a passion for helping his listeners not only to get educated but to take action to help their dreams become realities.
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