In sum, the boom and now crash in oil prices can at least partly be attributed to the Fed’s policy shifts from 2009 – 2014

The Fed and Oil Prices

By Institute for Energy Research —— Bio and Archives--August 24, 2015

Global Warming-Energy-Environment | Comments | Back To Full Article

Besides the turmoil in China, the hot financial news this month was that oil hit a six-year low. Indeed, adjusting for price inflation, oil went as low as it had plummeted in the immediate aftermath of the financial crisis, meaning you would have to go all the way back to 2004 to reach a similar low.

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