Energy Indicators
Retail gasoline and diesel prices continue to decline. Motor gasoline consumption remains in line with historic trends, and distillate fuel consumption dipped significantly in the first half of 2025. Natural gas liquids production continues to grow, as do exports.
June 26, 2025
Energy Indicators
Texas solar power generation grew faster compared to other fuel types in 2024, although natural gas and wind generation continue to make up the highest shares of Texas’ electricity grid.
June 16, 2025
Permian Basin Economic Indicators
Employment in the Permian Basin grew in the first quarter. Meanwhile, the unemployment rate in the region increased slightly from the end of fourth quarter 2024. Home sales decreased, while the median price of homes sold fell slightly.
May 14, 2025
Energy Indicators
Energy executives surveyed by the Dallas Fed reported an increase in the price of oil needed to justify drilling, as economic uncertainty and planned production increases from OPEC+ nations pushed oil prices down.
May 01, 2025
Energy Indicators
U.S. oil and natural gas rig counts declined in the first quarter of 2025 compared with the first quarter of 2024. U.S. days of supply of crude, gasoline and distillate were above the five-year average. U.S. retail fuel prices were down in March along with Brent crude oil. The U.S. producer price index (PPI) for electricity increased.
April 21, 2025
Oil and gas industry shows discipline on capex, but risks remain
Oil and gas companies will likely maintain a conservative stance toward production growth, with continued focus on capital discipline and maintenance capex.
March 31, 2025
Surveys
Oil and gas activity edges higher; uncertainty rising, costs increase
Activity in the oil and gas sector increased slightly in first quarter of 2025, according to oil and gas executives responding to the Dallas Fed Energy Survey.
March 26, 2025
New Mexico fuels U.S. crude oil output, funding for local programs
New Mexico has become a U.S. leader in energy production over the past five years, drawing on Permian Basin reserves in the southeastern corner of the state. Oil and gas proceeds fund an increasing share of state government, most notably involving education programs.
March 24, 2025
Research Department Working Papers
The Effects of Competition in the Retail Gasoline Industry
This paper estimates the effect of competition on incumbent firm pricing by using high frequency price data and the precise geographic location for all gas stations in California.
March 05, 2025
Permian Basin Economic Indicators
Employment in the Permian Basin region grew in the fourth quarter. The unemployment rate decreased slightly, while average hourly earnings rose in December.
March 03, 2025