“Robert McNally has written an excellent biography of a world-famous character, known for volatility and violent mood swings, sometimes reviled but always a player in the world economy and politics—the oil price. Insightful and timely, Crude Volatility explores the clash over many decades between “boom and bust” prices and the efforts to harness them. In the current market, McNally explains why volatility is likely to win out over stability—highly significant for what will remain the world’s most important commodity for many years to come.” — Daniel Yergin, Pulitzer Prize-winning author of The Prize and The Quest and Vice Chairman of IHS Markit
This week, our featured book is Crude Volatility: The History and the Future of Boom-Bust Oil Prices, by Robert McNally. Throughout the week, we will be featuring content about the book and its author on our blog as well as on our Twitter feed and our Facebook page.