The U.S. oil, gas and coal industry largely rose and fell based on global economic and energy market conditions rather than federal energy and environmental policies implemented by the Trump administration, write the authors. As the world recovers from the COVID-19 pandemic, they expect markets to continue to shape the future of the oil and gas industry. Read more on the Baker Institute Blog.
Rather than offer a forecast that may overstate or understate Covid-19's impact on the U.S. and global economy, the authors highlight what to look for as the pandemic progresses, recedes or oscillates.
Coronavirus cases in Texas may grow as the state expands COVID-19 screening and the consequences of delayed decisions to limit public interactions set in. "No one should be surprised lim or panic as the figures roll out," write the authors in the Baker Institute Blog.
Hagop M. Kantarjian, Mary Alma WelchMarch 24, 2020