“The coming oil crisis could be larger than the housing collapse and the mortgage debacle…” Dr. Kent F. Moors

Dr. Kent F. Moors, professor at Duquesne University, and founding editor of Oil and Energy Investor is an internationally recognized expert in global risk management; oil and natural gas policy; and global finance and investing.

Dr. Moors’ new book The Vega Factor: Oil Volatility and the Next Global Crisis is available from Wiley as of May 31 (John Wiley & Sons, ISBN 978-0-470-60208-9).

“The coming oil crisis,” says Dr. Kent Moors, “Could be larger than the housing collapse and the mortgage debacle. We are rapidly moving toward a deterioration in the oil sector that will affect the world in ways not previously imagined.”

The Vega Factor: Oil Volatility and the Next Global Crisis takes an in-depth look at the reasons why oil prices will never again be reflected by fundamentals of supply and demand. Traders – not market forces – are coming to control oil prices. And governments around the world must respond to prevent an oil crisis that will cause more damage than the housing and mortgage crisis.

The world saw how speculators ran up the price of oil during the financial crisis in 2008. Today the situation is ripe for an even bigger run-up. And current government approaches will only worsen the dangerous situation forming inside the oil markets.

Inside The Vega Factor: Oil Volatility and the Next Global Crisis readers will find…

• The global oil industry’s biggest players – they’re some of the most powerful companies, people and government officials, and you’ve probably never heard of them.
• A “call to action” for the world’s largest oil producers and consumers – they have to reverse traditional priorities and policies to prevent a global oil crisis before it’s too late.
• A guide to today’s oil industry – it’s fundamentally different from the pre-crisis market – and how it became a powder keg waiting to blow.

Oil prices affect everyone. And The Vega Factor shows readers the new world of international oil – its increasing consolidation and decreasing competition – and how consumers and investors can navigate volatile oil markets and new government policies.

Kent F. Moors, Ph.D.

Kent Moors is a Professor in the Department of Political Science and the Graduate Policy Center at Duquesne University. He directs the Energy Policy Research Group and is Scholar in Residence at the Institute for Energy and the Environment.

An internationally recognized expert in oil and gas policy and finance and risk assessment, Moors is also president of ASIDA, Inc, an international oil and gas consulting firm; and executive managing partner of Risk Management Associates, International, LLP; Editor of Oil and Energy Investor, Energy Advantage and the investment alert service The Energy Inner Circle.

Moors is a frequent contributor to Money Morning; and contributing editor to Thomson Reuters’ Russian Petroleum Investor and Caspian Investor, He also advises Wall Street analysts, and hedge fund and asset managers across the globe. Moors is a frequent media guest commentator, appearing over 1,500 times on television, radio and internet programs. And with more than 750 publications and 250 presentations and workshops, Moors’ work has appeared in 44 countries worldwide.

For an interview with Dr. Kent Moors, please call: Darlene March – 714-887-8021 or email: Darlene@marchmediarelations.com.