Posts filed under “Energy”
Mine Kuban Yücel, senior VP and director of research at the Federal Reserve Bank of Dallas, presented her research into the dynamics of oil prices in the U.S. economy.
Certain states are more affected by falling oil prices than others. Specifically, there are eight states that experience a decline in employment when oil prices fall by 50 percent
Is Cheaper Oil Good News or Bad News for U.S. Economy? Jan Groen and Patrick Russo Oil prices have declined substantially since the summer of 2014. If these price declines reflect demand shocks, then this would suggest a slowdown in global economic activity. Alternatively, if the declines are driven by supply shocks, then the drop…Read More
Non-ethanol Fuel David R. Kotok Cumberland Advisors, April 22, 2015 I stopped at a local Sarasota Sunoco gas station yesterday to fill up my car. A sign read “Non-ethanol fuel for sale here.” The pump was off to one side and did not have an automated payment mechanism. But it was there,…Read More
Do Lower Gasoline Prices Boost Confidence? Aditya Aladangady and Claudia R. Sahm FEDS Notes, March 6, 2015 A gallon of gasoline currently costs one third less than it did last summer, as shown by the solid line in Figure 1. Gasoline makes up 5 percent of average family spending, so lower prices at the pump…Read More