The Changing Role of Banks in the Energy Sector

Carol Burke and Paul Turner will discuss the changing role of banks, with emphasis on their role in the energy space. Since the demise of Enron in 2001, banks have provided a much needed role in the energy sector. In recent years, many banks have decided to leave the physical and financial energy markets. Burke and Turner will discuss the important role banks have played in the natural supply chain of commodities and how and why that is changing due to politics, regulatory pressures and other factors