Permian Basin Economic Indicators
Oil prices dropped sharply in early March. Oil production reached new highs in January, and the rig count edged up in February.
August 12, 2022
Energy Indicators
Russia increasingly restricting natural gas supplies to Europe over the past year has pushed natural gas prices to stratospheric levels in Europe. The hunt for substitutes amid widespread heat waves is pulling many other energy prices up with it.
August 02, 2022
Southwest Economy, Second Quarter 2022
Houston, still an energy town, largely pins growth on the sector
In recent
months, increasing oil and
gas demand and shifting
geopolitics have become
tailwinds for energy
production and exports—as well as for Houston.
July 01, 2022
Southwest Economy, Second Quarter 2022
Federal dollars could drive electric vehicle charging across Texas
Consumers who are reluctant to switch to electric vehicles cite inadequate charging facilities. The federal Infrastructure Investment and Jobs Act seeks to address such concerns, providing funding to expand charging infrastructure along interstates and in rural areas.
July 01, 2022
Surveys
Dallas Fed Energy Survey
Activity in the oil and gas sector expanded at a robust pace in second quarter 2022, according to oil and gas executives responding to the Dallas Fed Energy Survey.
June 23, 2022
High fuel prices in the U.S. may crimp oil demand soon
If prices climb higher, expect consumers to respond by cutting back on fuel consumption and overall spending sooner than later.
June 21, 2022
Energy Indicators
Natural gas prices have been rising as inventories wane. Exports of natural gas are at record levels and set to grow further in the second half of 2022.
June 03, 2022
Russia’s war on Ukraine will leave scars on U.S., world economies
The conflict may alter the global economic and geopolitical order, leading to a new era of deglobalization.
May 17, 2022
Don’t look to oil companies to lower high retail gasoline prices
While U.S. retail gasoline prices in many regions have remained stubbornly high since March, this situation reflects frictions in the retail gasoline market rather than the supply of oil or the price of oil.
May 10, 2022
Capacity constraints drive the OPEC+ supply gap
Assuming that the group increases production at the same pace it has in recent months, only a handful of countries in OPEC+ will have spare capacity left by the start of the summer, a number that will dwindle as year-end approaches.
April 19, 2022