Economic Indicators
Energy Indicators
While oil and gas drilling activity is rising globally, international rig counts remain well below prepandemic levels.
November 16, 2021
Economic Indicators
Energy Indicators
Hurricane Ida temporarily impacted refining and petrochemical production, but the recovery was well underway for most facilities by the end of September.
October 06, 2021
Once-oil-dependent Texas economy to keep growing as renewable energy expands
The negative environmental impacts of global warming have motivated the beginnings of a global transition from traditional fossil fuels to renewable energy.
September 30, 2021
Economic Indicators
Energy Indicators
U.S. oil and gas payrolls continued to increase in July. Oil prices rose in response to recovering demand, limited supply growth and eroding inventories. Natural gas prices increased due to healthy domestic and export demand and disruptions related to Hurricane Ida.
September 20, 2021
Dallas Fed Economics
Surging renewable energy in Texas prompts electricity generation adequacy questions
With little investment taking place in new thermal generation, does the design of Texas’ electricity market provide enough incentive to develop capacity for future power needs?
August 17, 2021
Economic Indicators
Energy Indicators
Energy sector stock market returns outperformed the S&P 500 this year despite some easing over the summer. Refiner stocks lagged behind, but U.S. refiners have been processing more oil than at any point since the start of the pandemic amid recovering demand.
August 16, 2021
Economic Indicators
Energy Indicators
Recent data for the energy sector have been positive. Energy prices rose to multiyear highs, and drilling activity extended a steady upward march.
July 23, 2021
Texas winter deep freeze broke refining, petrochemical supply chains
It may take the Texas petrochemical industry until year-end 2021 to fully recover from the record cold that triggered power outages and supply disruptions in mid-February.
June 18, 2021
Oil patch productivity rises; jobs vanish
After major oil price busts in 2014 and 2020, the same engineering prowess that helped the oil and gas industry thrive has been driven to find efficiencies to lower operating costs.
June 18, 2021
Dallas Fed Economics
Central bankers need to take note of transition to clean energy
The path from traditional energy sources to alternative sources with lower greenhouse gas emissions—including renewable energy, and carbon capture and storage—is long and paved with abundant uncertainty.
June 01, 2021