EXPERTS ADVISORY: Is the Price of Gas Headed for $5 a Gallon?

Contact(s):  Catherine Herman (518) 956-8150, ([email protected])

ALBANY, N.Y. (June 16, 2008) -- Rising gas prices, stock market behavior and the impact on the U.S. Economy covered by the University at Albany-SUNY's faculty experts.

• GAS PRICES AND STOCK MARKET BEHAVIOR-- With oil prices hitting record highs nearly every day, $5 for a gallon of gas doesn't seem so extraordinary. Professor of finance Hany A. Shawky is the director of the Center for Institutional Investment Management (CIIM) at the University at Albany School of Business. Widely published on asset pricing, stock market behavior, and international financial markets, Shawky can discuss what's driving up the price of oil and what it means for the price consumers will pay at the pump.

• THE AMERICAN WALLET -- With the cost of filling up our cars increasing daily, Americans are cutting back in other ways. Distinguished Professor of economics Kajal Lahiri is an expert on economic forecasting and applied econometrics. He can discuss how the price of gasoline is changing habits of the American consumer and the longterm outlook for the U.S. Economy.

Visit UAlbany's extensive, searchable roster of faculty experts.