With the debate over lifting the ban on the export of crude oil becoming more pertinent, the U.S. Energy Information Administration (EIA) commissioned a study to examine future oil production under two different policy scenarios.One of the key energy issues in the 114th Congress, as we've previously discussed, is the debate over lifting the ban on the export of crude oil. This is becoming more pertinent as global crude prices have dropped and storage for crude oil in the U.S. is now near capacity. Much of the new U.S. production is a light quality crude that is not matched with domestic refining capabilities. As a result, the U.S. Energy Information Administration (EIA) commissioned a study to examine future oil production under two differe...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
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...