Troy Vincent is a 2011 graduate of Mises University and has a BS in economics and public policy from Indiana University. Since 2013 he has worked in energy economics for private sector research and consulting firms.
According to multiple ship-tracking data services such as Llyod's List and Tanker Trackers, there are between 40 and 50 million barrels (bbl) of Saudi Arabian crude en route to the US at the moment. As such, US crude imports are set to surge in May. Although this level of imports seems...
Efforts by US policymakers to boost crude prices and to throw a lifeline to high-cost US crude producers is the exact opposite of what prices are telling us the market needs at this time.
Efforts by US policymakers to boost crude prices and to throw a lifeline to high-cost US crude producers is the exact opposite of what prices are telling us the market needs at this time.
Keynes once suggested that "the Government should have people dig up holes and then fill them up.” The UBI is the same thing, but we just skip the digging.