Biden’s Error in Commodity Strategy The U.S. is the world’s largest oil and gas producing nation. Russia is a close number two. But note the following: First, almost a fifth of the Russian economy is based on oil and gas, versus just 8 percent of the U.S. economy. Second, and more importantly, almost half of Russian government revenues are supported by this one, single sector. The comparison is embarrassing. The U.S. government gets only about 0.6 percent of its revenue from the oil and gas industry. This is a massive imbalanced situation. A GS-9 Langley employee recognizes the opportunity. U.S. energy production has increased but not as much as it could. Instead of unleashing this commodity advantage, Washington is tr...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.