Solving a puzzle: More nonrenewable resources without higher prices
Economic intuition suggests nonrenewable resources such as metals or fossil fuels become scarcer and more expensive over time. However, a new dataset covering the years 1700 to 2018 indicates otherwise.
August 27, 2019
GDP gain realized in shale boom’s first 10 years
The U.S. shale boom has benefited the nation’s oil trade balance and oil-producing regions and led to unusually large employment and output gains.
August 20, 2019
Surveys
Dallas Fed Energy Survey
Activity in the oil and gas sector was flat in second quarter 2019 after three years of growth, according to oil and gas executives responding to the Dallas Fed Energy Survey.
June 26, 2019
Breakeven oil prices underscore shale’s impact on the market
The oil price that companies need to profitably drill new wells has closely tracked prices for long-dated oil futures in recent years. The emergence of U.S. shale production seems to be playing a large role in anchoring long-term oil prices.
May 21, 2019
Modern refineries, shale boom upend traditional oil price relationships
Different crude oils can sell for dramatically different prices with sometimes far-reaching effects on the energy industry—from impacts on oil producers’ production decisions to oil refineries’ profit margins.
April 09, 2019
Surveys
Dallas Fed Energy Survey
Energy sector activity grew modestly in first quarter 2019, according to oil and gas executives responding to the Dallas Fed Energy Survey.
March 27, 2019
Global Perspectives: John Hess on U.S. oil reserves, climate change
Few sectors of the U.S. economy have undergone as radical a transformation in recent years as the energy sector, and few loom as large in the economic fortunes of Texas and the Eleventh District.
February 28, 2019
Dallas Fed Energy Survey suggests oil price drop won’t cause sector collapse in 2019
Following a banner year in 2018, will U.S. oil producers retrench and reduce capital spending after the recent double-digit oil price decline? The latest Dallas Fed Energy Survey provides some clues about what may be next.
February 14, 2019
Surveys
Dallas Fed Energy Survey
Growth in energy sector activity slowed significantly in fourth quarter 2018, according to oil and gas executives responding to the Dallas Fed Energy Survey.
January 03, 2019
Surveys
Dallas Fed Energy Survey
Energy sector activity expanded strongly in second quarter 2018, according to oil and gas executives responding to the Dallas Fed Energy Survey.
June 27, 2018