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Energy

  • Economic Indicators

    Energy Indicators

    While the worst may be behind the industry, more job losses and business failures are likely over the short to medium term.

  • Dallas Fed Economics

    Global Perspectives: Marvin E. Odum on the COVID-19 fight, energy outlook

    Odum and Dallas Fed President Robert S. Kaplan participated in a moderated conversation with Krys Boyd of KERA and discussed the ongoing pandemic and how best to contain it.

  • COVID-19 tanks U.S. fuel consumption, prices

    The effects of the pandemic, including working from home and reduced travel, dropped fuel consumption from mid-March to mid-April 2020.

  • Economic Indicators

    Energy Indicators

    Energy industry payrolls plunged in April, and mining sector unemployment insurance claims continued to climb in May.

  • Dallas Fed Economics

    Gasoline demand more responsive to price changes than economists once thought

    Recent advances in applied work have overturned decades of conventional wisdom regarding how consumers respond to gasoline price fluctuations.

  • Dallas Fed Economics

    How falling oil prices in early 2020 weakened the U.S. economy

    The benchmark West Texas Intermediate (WTI) price of oil dropped by more than half from Jan. 21 to April 3. This oil price decline has weakened rather than strengthened the U.S. economy, making this event different from past episodes of falling oil prices.

  • Dallas Fed Economics

    Falling oil prices drag down U.S. business investment

    The dramatic decline in the price of oil has led to massive investment reductions by U.S. oil and gas producers.

  • Economic Indicators

    Energy Indicators

    Falling demand and rapidly rising inventories caused crude prices to collapse in April, breaching negative territory for the first time in history.

  • Economic Indicators

    Energy Indicators

    Data have begun to roll in that underscore the scale of disruption caused by efforts to curtail and contain COVID-19.

  • Economic Indicators

    Energy Indicators

    The U.S. oil industry already had a significant preexisting condition in the form of receding access to capital when the coronavirus (COVID-19) added to its ills.