Although oil state lawmakers of both parties support the lifting of the crude oil export ban, the rank-and-file non-energy state Republicans are more cautious. Indeed, the economics can seem counterintuitive as exports will be assumed to raise gas prices.Representative Joe Barton (R-Texas) has introduced a bill in the lame-duck session of the 113th Congress that would lift the federal ban on crude oil exports. The House Energy and Commerce Committee has also scheduled a hearing on the topic. These events pre-stage the debate coming in the 114th Congress on this ban, which is a conundrum for Republicans.While oil state lawmakers of both parties support the lifting of the crude oil export ban, the rank-and-file non-energy state Republicans ar...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.