Introduction: The Oil Market Is Broken. A Brief Look Back at the Good Old Days of Oil Trading.
Part I: Oil's Endless Bid: What Caused It? The Assetization of Oil, Part 1: Commodities Aren't Stocks. The Assetization of Oil, Part 2: The Problem with Commodity Indexes and ETFs The Rise of the Investment Banks and Their Financial Finagling. Increased Access to Trading Oil: The Trading Floor Goes Online.
Part II: The Destruction of Reliable Fundamental Pricing of Oil. Why Oil Traders Don't Care about the Price of Oil or the Value of the Dollar. Oil Traders Couldn't Care Less about Peak Oil. Alternative Sources of Oil and Why Investors Should Care. Proof of Oil's Endless Bid: Crack Spreads. The Fuel that the Endless Bid Forgot: Natural Gas.
Part III: Where Are We Headed? What Needs to Be Done.
Epilogue: Oil's Endless Bid Appears in the Gulf of Mexico.
Appendices. Appendix A: A Brief Review of the History of Futures. Appendix B: An Extreme Example of Intervention in the Futures Market: How 3 Dallas Oil Tycoons Tried to Corner the Silver Market.