SPE Luncheon: Signal vs. Noise: The Economy and Energy Markets
Details
This session provides a disciplined framework for separating durable market signals from short-cycle noise in U.S. and global petroleum statistics. Emphasis is on correct use of high-frequency indicators, reconciling weekly and monthly series, and triangulating across datasets to avoid misinterpretation in public briefings and internal decision memos.
* Data Use Hierarchy: When to rely on survey-based monthly series vs. weekly indicators; understanding adjustments and revisions; citing with proper provenance.
* Crude & Products Trade Patterns: What recent flow anomalies (e.g., U.S. crude exports to Nigeria) do-and do not-imply about quality spreads, arbitrage, and refining system behavior.
* State-Level Production Signals: Using Ohio production and similar state snapshots as case studies in uncertainty, revisions, and communication discipline.
* Communications Hygiene: Guardrails to reduce "spin" and prevent "API slop" clear labeling of preliminary data, unit consistency, time-window disclosure, and appropriate caveats for Hill/agency audiences.
Mason Hamilton is the Vice President of Economics and Research at the American Petroleum Institute (API). Mason leads API's strategy for analysis of energy markets and policy, managing API's energy markets and policy analysis teams, and communicating to policy makers, media, and the public on energy markets. Mason is a recognized expert in energy market data and the petroleum supply chain.
Prior to joining API, Mason served as Special Assistant to the Secretary General of the International Energy Forum, the world's largest organization of energy ministers, where he led IEF's strategy on analysis and engagement.
He also previously served as Senior Economic and Policy Advisor within the U.S. Department of Energy's Office of Oil and Gas.
Mason also served as a Lead Petroleum Markets Analyst at the U.S. Energy Information Administration (EIA) and was a lead contributor to the EIA's flagship analysis products, This Week in Petroleum, and Today in Energy.
In-person Attendance
Cost $30.00 Members with Reservation/ $35.00 Non-Members/No RSVP
RSVP for In-Person Attendance
https://www.linkedin.com/events/7399065763019464704/