Fed’s Logan Warns US Oil Production Won’t Fill Global Supply Gap

By Catarina Saraiva Lorie Logan Photographer: Desiree Rios/Bloomberg Federal Reserve Bank of Dallas President Lorie Logan sounded a warning signal that the world’s supply of oil and natural gas may start to dwindle if shipping through the Strait of Hormuz doesn’t return to normal soon. Logan, whose district includes the Permian Basin — the world’s … Read more