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Oil Prices: Have They Peaked?

September 5, 2006, 5:30 - 8:00 PM
Room 209 of the McGraw-Hill Building
1221 Avenue of the Americas
(between 48th and 49th)
New york, NY 10020

 Oil prices have come down off recent highs generating buzz in the press and a plethora of opinions as to whether the market has peaked.

Speakers:


John S. Cook, Director, Petroleum Division, Office of Oil and Gas, Energy Information Administration. Dr. Cook is responsible for collection, publication, and dissemination of crude oil and petroleum product price and supply data and for analysis of petroleum markets. In addition to publishing regular EIA petroleum reports, such as the Petroleum Marketing Monthly, Petroleum Supply Monthly, and Weekly Petroleum Status Report, he directs daily market monitoring activity and short-term analysis of various oil market issues. Recent publications include Price Changes in the Gasoline Market and Potential Import Availability of Gasoline and Diesel Fuel Through 2007.


Dr. Cook began his career as an Assistant Professor of Economics at the University of South Carolina. Before joining EIA, he served as the Chief of the Branch of Service Industry Price Indexes at the U.S. Bureau of Labor Statistics, where he managed the development and publication of statistics related to various transportation price indexes and measures. Dr. Cook has a Ph.D. in economics and a Master of Science degree in mathematics from Purdue University, as well as a Bachelor of Arts degree in mathematics from Southern Illinois University.


and

Jan Stuart, Global Oil Economist, and an Executive Director, in the energy group of UBS Investment Research. He provides fundamental analysis of oil markets worldwide, focusing on oil price estimates, supply/demand forecasts and other key indicators. Prior to joining UBS, Mr. Stuart was head of research for Energy Futures at Fimat, a subsidiary of Société Générale. Before that he was head of research for the Global Energy Futures unit of ABN Amro. Until December 2000, Mr. Stuart was editor of Petroleum Intelligence Weekly, in New York, and Bureau Chief of Petroleum Intelligence Week Publications in London as well as the editor of Oil Market Intelligence.

Mr. Stuart started his professional career in the analysis of global energy markets with the International Energy Agency in Paris in April 1987. Mr. Stuart holds an M.S. in Journalism from Columbia University in New York, an M.A. in International Relations from Boston University and a B.A. in International Affairs from the American University in Paris, France.


Moderator:


Adam Sieminski, Chief Energy Economist, Deutsche Bank. Working with the commodities research and trading unit at DB's offices in New York, he forecasts oil market supply and demand trends and writes on a variety of topics involving energy politics and economics. He joined DB in 1998 and served in London during 2002-2005 as the Global Oil Strategist for Deutsche Bank's award-winning Oil & Gas Equities Team. From 1988-97, Mr. Sieminski was the senior energy analyst at NatWest Securities, where he covered the US major oil companies. He has served as president of the US Association for Energy Economics and the National Association of Petroleum Investment Analysts. His undergraduate degree in civil engineering and masters in public administration are both from Cornell University. He loves wrecking and rebuilding houses and actually enjoys Class VI whitewater rafting.

The McGraw Hill Building requires a security check-in so please register no later than noon on September 5th.

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