Bahattin Buyuksahin’s research on the role
of speculators in crude oil prices, with Jeff Harris of the Syracuse University, was
the focus of an article on SeekingAlpha.com. The article discusses Buyuksahin
and Harris’ research, summarizing their conclusion: “They do not dispute a
correlation between speculative activity and oil price – the participants in
the oil futures market increased dramatically during the oil price spikes of
2007-8 - but they do not assume causation..” ViewFull Article (1/5/12)