World Perspectives

Biden’s Error in Commodity Strategy; Chasing Sri Lanka

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...

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On the campaign trail in 2024, then-candidate and now President-elect Donald Trump proposed to levy tariffs of 10 to 20 percent on all imports, and 60 percent on imports from China. Then on the week of Thanksgiving, that changed to 25 percent tariffs on Canada and Mexico, and an additional 10 p...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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