I’m pleased to welcome you to the fourth annual energy conference hosted by the Federal Reserve Banks of Kansas City and Dallas. Energy is a key sector of our regional economies. Taken together, our two regions account for more than 50 percent of U.S. oil production and an even larger share of the headquarters of U.S. exploration and production companies, including several right here in Denver. The title and theme of this year’s conference is “Energy and the Economy: Markets in Transition.” As the title suggests, there are several notable transitions that we will consider and discuss today. We will look first at the ... (full story)