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Energy

  • Economic Indicators

    Energy Indicators

    Global oil inventories are expected to rise over the next year as supply growth continues outpacing consumption. Chinese stockpiling has provided some price support. U.S. crude production is projected to remain stable supported by continued efficiency gains.

  • Economic Indicators

    Permian Basin Economic Indicators

    Employment in the Texas Permian Basin grew in the three months ending in December, and the unemployment rates were unchanged. Both home sales and the median price of homes sold increased. Oil production remained flat despite the small decline in the number of new wells drilled and the number of active rigs.

  • Banking and finance

    Shift from utility to corporate financing for renewables presents risk

    The increase in corporate power purchase agreements relative to utility PPAs means more opportunities for renewable energy developers, but it also presents higher counterparty and merchant tail risks for lenders involved in renewable energy project financing.

  • Dallas Fed Economics

    Utility-scale solar shines in Texas despite tariffs, federal policy changes

    Texas is now the top state for utility-scale solar power generation capacity. However, developers of new solar projects face a changing operating environment, one lacking strong federal policy support but also featuring cost-boosting tariffs on imported solar module components.

  • Working Papers

    Smooth Operator? Managing Electric Vehicle Integration in Constrained Distribution Networks

    This paper examines the underappreciated challenges that electric vehicle (EV) adoption poses for the distribution grid.

  • Dallas Fed Energy Survey

    Lingering pessimism, uncertainty further weigh on oil and gas activity

    Activity in the oil and gas sector edged lower in fourth quarter 2025, according to oil and gas executives responding to the Dallas Fed Energy Survey.

  • Economic Indicators

    Permian Basin Economic Indicators

    Employment in the Permian Basin grew in the second quarter. Meanwhile, the unemployment rate in the region decreased slightly from the first quarter 2025. Home sales increased, while the median price of homes sold was flat.

  • Dallas Fed Economics

    Batteries, solar help keep the lights on in Texas but more needed

    Many Texas residents remain skeptical about the reliability of the electric grid since massive dayslong outages in February 2021. Notably, the power supply situation has since improved, with capacity added over the past two years, primarily from solar and a tripling of battery storage capacity.

  • Southwest Economy

    Overflowing U.S. shale gas increasingly streams to Mexico and onto global markets

    Huge volumes of imported shale gas from the United States have provided the ample supply for Mexico’s growing energy needs, keeping power prices down for industries and households.

  • Dallas Fed Economics

    Rush for U.S. lithium production encounters tough economics

    Commercial interests are striving to bring new lithium projects online in the U.S. at a time of growing desire to reduce reliance on China-dominated supply chains and with expectations that global demand could double over the next five years.