The Big Oil CEO Betting Against His Own Product

Feb. 11 -- The future of $400 billion U.S. utility industry isn't too bright. CEO David Crane of NRG, the largest independent power provider, is making investments that may make its existing business obsolete. Bloomberg Television's Julie Hyman reported on Aug. 23, 2013.
Is an Iran Nuclear Agreement a Bad Deal for Oil?
11:07 - Kevin Daly, portfolio manager at Aberdeen Asset Management, speaks with Francine Lacqua about the potential flood of oil from Iran if sanctions are lifted as part of any deal reached on the nation’s nuclear program. He speaks on “The Pulse.” (Source: Bloomberg)
  • Sanctions Have Brought Iran to a Halt: Eid-Oakden
  • Oil Seen Falling to $40 Over Short Term, Schnider Says
  • Is the U.S. Becoming the World's 'Oil Sponge'?