Lorie Logan warns US oil production won’t fill global supply gap
Lorie Logan, the Dallas Fed president, has expressed concerns that US oil production will not be sufficient to address the global supply gap. Despite oil prices reaching around $110 per barrel, American shale producers are hesitant to increase output due to past experiences with boom-bust cycles. This cautious approach could have significant implications for inflation and monetary policy.
- ▪Oil is currently trading at approximately $110 per barrel.
- ▪Dallas Fed President Lorie Logan warns that US oil production will not rescue global supply.
- ▪American shale producers are exercising caution in capital spending despite high oil prices.
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Lorie Logan warns US oil production won’t fill global supply gap The Dallas Fed president says American producers are sitting on their hands despite $110 oil, and that spells trouble for inflation. Share Add us on Google by Editorial Team May. 27, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Oil is trading around $110 per barrel. American shale producers have the capacity to drill more.
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