Economic Indicators
Permian Basin Economic Indicators
Permian Basin natural gas prices are starting to bounce back after falling to record lows in early April, and the number of drilled but uncompleted wells is rising.
April 19, 2019
Dallas Fed Economics
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
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
Economic Indicators
Permian Basin Economic Indicators
Production growth in the Permian Basin continued to rise even as the rig count fell. The gap in prices between West Texas Intermediate (WTI)–Midland and WTI–Cushing closed as transportation constraints eased.
March 22, 2019
Economic Indicators
Permian Basin Economic Indicators
Production in the Permian Basin continues to grow even as the rig count remains steady. Permian Basin wages were well above the Texas average in December. The tight housing market has led to strong home-price appreciation.
March 01, 2019
Dallas Fed Economics
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 Economics
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
Economic Indicators
Permian Basin Economic Indicators
In 2018, Permian Basin employment grew 7.5 percent, well above Texas' job growth of 2.4 percent. However, area job growth fell in the last quarter, and the unemployment rate inched up to 2.5 percent in December.
January 30, 2019
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
Economic Indicators
Permian Basin Economic Indicators
The Permian Basin economy remains robust despite the recent large drop in oil prices. Though employment has fallen slightly over the past three months, the Permian’s labor market continues to be tight.
December 28, 2018