Economic Indicators
Energy Indicators
Overall, global demand for petroleum is expected to surpass 2019 levels by the end of 2022, contingent on the course of COVID-19. In the meantime, the cost of global energy is elevated heading into winter.
December 16, 2021
Natural gas demand recovers, lifts prices
Global demand for U.S. natural gas has risen as many pandemic-induced limits on economic activity have been lifted, but domestic production has only slowly recovered.
December 15, 2021
Dallas Fed Economics
Limited Impact of Rising Energy Prices on U.S. Inflation, Inflation Expectations in 2020–23
Predictions of $100 per barrel oil during the coming winter have raised fears of persistently high inflation and rising inflation expectations for years to come. However, quantitative analysis suggests that these concerns have been overstated.
November 23, 2021
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