Introduction Although the full repercussions of the Silicon Valley Bank (SVB) collapse are not yet clear, considerable uncertainty is driving market volatility and an uncertain economic outlook. Should markets drop further, the SVB fallout could reverberate all the way into oil prices....
Today, the Department of Energy (DOE) announced [https://www.energy.gov/articles/doe-announces-repurchase-oil-strategic-petroleum-reserve] that it will conduct a “pilot” acquisition of three million barrels of crude oil using...
Energy price volatility, which may be with us for quite some time as we pursue decarbonization, is one of our nation’s greatest macroeconomic threats.
Since the White House’s historic commitment on October 18th to repurchase crude oil “when the price of West Texas Intermediate (WTI) crude oil is at or below...
This is the fourth piece in the Contingent Supply series, which looks at the operational requirements, financial needs, and economic opportunities involved in using the SPR to stabilize oil markets.
