World Perspectives

Strategic Petroleum Reserve Policy: Buy High, Sell Low

The U.S. Department of Energy is beginning to award contracts for sales of crude oil from the Strategic Petroleum Reserve (SPR), which will continue for the next nine years in an effort to update its infrastructure and shrink the supply.The U.S. Department of Energy (DOE) is now awarding contracts for sales of crude oil from the Strategic Petroleum Reserve (SPR) in accordance with several legislative directives over the past two years. As of 20 January, the SPR held 695 million barrels or approximately 97 percent of its 713 million barrel capacity. The oil inventory consists of 266 million barrels of sweet crude and 429 million of sour crude. The legislation directing SPR sales includes the following: The FY 2017 continuing resolution, p...

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Recent Market Volatility Increases Futures Mispricing

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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