CBO plans to adjust its usual report schedule to keep the Congress informed about the rapidly evolving economic and budgetary consequences of the 2020 coronavirus pandemic.
CBO plans to adjust its usual report schedule to keep the Congress informed about the rapidly evolving economic and budgetary consequences of the 2020 coronavirus pandemic.
Oil prices are one of the economic variables that underlie CBO's projections of the federal budget. This paper describes CBO's methods to forecast oil prices and evaluates the quality of the agency's historical forecasts.
