Contingent Supply The SPR Is More Equipped Than Ever to Stabilize Oil Prices Contingent Supply- The SPR Is More Equipped Than Ever to Stabilize Oil Prices.pdf 3 MB .a{fill:none;stroke:currentColor;stroke-linecap:round;stroke-linejoin:round;stroke-width:1.5px;}download-circle...
Recent developments in oil markets show how important it is to follow through on the second half of the SPR strategy.
August headline CPI inflation will likely come in close to the consensus forecast at -0.1% – which would be the lowest single-month reading since the onset of the pandemic.
July headline inflation is likely to come in roughly in line with the consensus forecast at 0.2% with the possibility of a mild downside surprise. Core inflation will likely be in line with forecasts as well at 0.5%, and is poised to cool further in coming months.
The long-term goal of energy policy should encompass more than just security and decarbonization: the goal should be to ensure energy capacity abundance and stable energy cost.
