Dr. Craig Pirrong
|Dr. Craig Pirrong|
|Occupation||Professor and Director of Energy Markets|
|Employer||Global Energy Management Institute, University of Houston|
Dr. Craig Pirrong is director of energy markets, Global Energy Management Institute, at the University of Houston, and a professor of finance at Bauer College of Business at the University of Houston. He is a member of the CFTC Technology Advisory Committee. 
He also publishes a blog called Streetwise Professor (http://streetwiseprofessor.com).
Pirrong previously was the Watson Family Professor of Commodity and Financial Risk Management, and Associate Professor of Finance at Oklahoma State University. He joined the faculty of the Bauer College of Business at the University of Houston as professor of Finance and the Energy Markets Director for Global Energy Management Institute in January, 2003. He was also on the faculty of the University of Michigan Business School, the Graduate School of Business of the University of Chicago, and the Olin School of Business of Washington University in St. Louis.
Pirrong's research focuses on the economics of commodity markets, the relation between market fundamentals and commodity price dynamics, and the implications of this relation for the pricing of commodity derivatives. His recent research is concentrated on the power markets. He has created a power derivatives pricing model that links observable fundamentals (e.g., temperature, loads) to power derivatives prices. Pirrong has also published extensively on the economics of financial exchanges. He has published 30 articles in professional publications and is the author of three books. Pirrong's consulting clients have included electric utilities, major commodity processors and consumers, and commodity exchanges around the world.
Pirrong holds a Ph.D. in business economics from the University of Chicago.