• Shawn Richards

Past the Pandemic?

The combination of the weak dollar and rising energy prices could signal that the post-pandemic economic recovery is just around the corner. This could be good news for producers in the U.S. who need sustained West Texas Intermediate (WTI) price of $60/barrel or more to return to profitability. While it is early, it would appear that commodity prices could drift higher. While this could drive inflation, it is more an indication of demand in the near term rather than a long-term trend. Meanwhile, capital investment is expected to start to pick up from 2020 lows and help drive the economy through the rest of the year.


THE 375 PARK COVID MODEL CURRENTLY FORECASTS ~ 39 MM CASES AND A cCFR of 1.5% IN THE U.S. BY THE END OF THE JUNE ’21. AT THIS RATE, WE COULD SEE MANY ASPECTS OF DAILY LIFE RETURNING TO PRE-PANDEMIC NORMS BY EARLY-MAY.



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