Economic Indicators
Energy Indicators
Global energy markets faced increased volatility in early 2026 following the geopolitical shock of the Iran conflict. The closure of the Strait of Hormuz, as well as attacks on related infrastructure in the region, have not only pushed crude prices up sharply but widened the spread between fuel costs and crude prices. The result has been higher prices at the pump.
May 01, 2026
Dallas Fed Energy Survey
Dallas Fed Energy Survey Q1 2026 update
In response to recent developments in the global oil market, we conducted a follow-up to the first quarter survey that published March 25.
April 23, 2026
Dallas Fed Economics
Implications of the Iran war for U.S. inflation
Recent research quantifies the impact of 2026 Iran war on U.S. inflation and household inflation expectations under a range of scenarios. Under a plausible scenario, 2026 fourth-quarter-over-fourth quarter headline personal consumption expenditures inflation would increase by 0.6 percentage points.
April 17, 2026
Working Paper
If You Build It, They May Not Come: Willingness to Participate in Managed EV Charging
This paper tests managed charging with an experiment including all electric vehicles within a California utility.
April 14, 2026
Dallas Fed Economics
Californians spend less on electricity than Texans despite higher prices
Retail electricity rates are higher in California than Texas, but electricity cost accounts for a lower share of household budgets in California.
April 14, 2026
Working Paper
The Impact of the 2026 Iran War on U.S. Inflation: A Scenario Analysis
This paper shows how to assess the inflationary impact of the rise in the price of oil caused by the 2026 Iran War.
April 07, 2026
Dallas Fed Energy Survey
Oil and gas activity rises amid elevated uncertainty
Activity in the oil and gas sector increased in first quarter 2026, according to oil and gas executives responding to the Dallas Fed Energy Survey.
March 25, 2026
Working Paper
Processing Power: The Effect of Data Centers on Wholesale Electricity Markets
Artificial-intelligence-driven data centers are reversing two decades of flat U.S. electricity demand and have generated questions about how this growth will impact electricity prices. This paper quantifies this effect using an hourly, unit-level least-cost dispatch model covering wholesale electricity markets in the continental United States.
March 20, 2026
Dallas Fed Economics
What the closure of the Strait of Hormuz means for the global economy
The ongoing military conflict between Iran and the United States and Israel has raised concerns about a major disruption of global oil supplies driven by geopolitical events. This conflict has involved attacks on oil infrastructure in neighboring countries, including Saudi Arabia, Kuwait and the United Arab Emirates.
March 20, 2026
Dallas Fed Economics
Data center boom expected to raise electricity component of PCE inflation
Even a modest data center boom could put upward pressure on retail electricity prices, impacting PCE inflation.
March 05, 2026