Economist Perspective: 7/24 Erik Norland and Oil Supply and Demand

Americans are driving more miles than ever with the drop in oil prices, but the demand for gasoline has been stagnant due to more fuel-efficient vehicles.

Erik Norland is Executive Director and Senior Economist of CME Group. He is responsible for generating economic analysis on global financial markets by identifying emerging trends, evaluating economic factors and forecasting their impact on CME Group and the company’s business strategy, and upon those who trade in its various markets. He is also one of CME Group’s spokespeople on global economic, financial and geopolitical conditions.

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