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Speech
Opening Remarks for 'Energy and the Economy: The New Energy Landscape' Conference
Dallas Fed President Lorie Logan delivered this address to open the conference hosted by the Federal Reserve Banks of Dallas and Kansas City in Houston.
Journal Article
Energy transition means more than just additional electric vehicles
Dallas Fed economist David Rapson discusses the challenges of moving away from a fossil-fuel-dependent economy.
Russian ruble buckles under trade sanctions, declining export earnings
Russia’s currency is losing value, falling 40 percent against the U.S. dollar since December 2022. With measures targeting Russian exports likely to persist, the country’s balance of payments will remain under pressure, leading to continuing currency weakness.
Record-breaking Texas summer heat tests the grid, ERCOT operations
Texas just witnessed its second-hottest summer ever and its highest electricity demand without experiencing interruption to electricity delivery.
Journal Article
Strong peso, stubborn inflation cloud Mexico’s 2024 growth prospects
Mexican economic performance is likely to slow in 2024, with stubborn inflation, rising labor costs and a strong peso posing downside risks. Conversely, nearshoring and a larger-than-expected fiscal impact could bolster the Mexican outlook.
Automakers' Bold Plans for Electric Vehicles Spur Battery Boom
Meeting ambitious manufacturing goals will require batteries—lots of them—as an electric vehicle (EV) can use hundreds to thousands of individual lithium-ion batteries.
Refilling the Strategic Petroleum Reserve offers chance to recalibrate its size
A series of emergency drawdowns, exchanges and planned sales since 2020 have reduced crude oil inventories held by the U.S. Strategic Petroleum Reserve to a 40-year low. Calls to fully refill the SPR in recent months raise important questions.
How global oil sanctions lowered Russian oil export prices
The decline in Russian oil export revenue since January 2022 was achieved by reducing the Russian export price rather than the volume of Russian oil exports.
Journal Article
Texas to get new type of refinery: a lithium refinery
Tesla is developing the facility near Corpus Christi to produce battery-grade lithium hydroxide, a lithium chemical used in the high-performance lithium-ion batteries that companies such as Tesla prefer.
Journal Article
President's perspective
Mexico's long-awaited energy reform should, if carefaully and deliberately implemented, increase oil and gas production and reverse a nine-year trend of declining output.