The Fed’s Logan said US oil producers are unlikely to provide near-term relief for consumers

The Fed's Logan said US oil producers are unlikely to provide near-term relief for consumers

Written by Michael S. Derby April 2 (Reuters) – Dallas Federal Reserve President Lorie Logan said on Thursday that U.S. oil producers are unlikely to increase production and protect consumers from higher gasoline prices in the near future. The price US producers say they need to see to start drilling is just shy of $70 … Read more