Fed's Logan: World Oil and Natural Gas Consumption Could Need to Fall -- Market Talk
Dow Jones05-27 20:43
0843 ET - Federal Reserve Bank of Dallas President Lorie Logan says that if shipping through the strait does not soon return to prewar levels, world oil and natural gas consumption could need to fall more meaningfully than it has so far. "The economic consequences would depend on the degree to which end users can switch to other energy sources or use energy more efficiently, versus curtailing economic activity," she said Wednesday at a speech at the Bank of Japan Institute for Monetary and Economic Studies Conference in Tokyo. (jessica.coacci@wsj.com)
(END) Dow Jones Newswires
May 27, 2026 08:43 ET (12:43 GMT)
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