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Energy

  • Economic Indicators

    Permian Basin Economic Indicators, July 2017

    In May, Permian Basin employment remained stable with a declining unemployment rate. The average monthly price per barrel of West Texas Intermediate crude oil fell in June, while estimated production and the rig count continued to rise.

  • Economic Indicators

    Permian Basin Economic Indicators, June 2017

    In April, the Permian Basin labor market remained stable with a declining unemployment rate. Average weekly wages fell in the Permian Basin and the state in fourth quarter 2016.

  • Economic Indicators

    Permian Basin Economic Indicators, May 2017

    In March, total nonfarm employment stayed stable and the unemployment rate fell. Housing is showing signs of improving as inventories drop, sales rise and prices remain stable.

  • Economic Indicators

    Permian Basin Economic Indicators, April 2017

    The Permian Basin labor market has shown signs of improvement over the past few months. The average price of West Texas Intermediate (WTI) crude oil edged down in March, but the Permian Basin rig count continued to grow.

  • Economic Indicators

    Permian Basin Economic Indicators, March 2017

    The Permian Basin labor market stayed relatively stable in 2016 compared with 2015, when the regional economy was tumbling with the oil market.

  • Economic Indicators

    Permian Basin Economic Indicators, February 2017

    The Permian Basin labor market stayed relatively stable in December 2016, while all Permian Basin oil indicators continued to push higher in January. Housing inventories are receding, but sales and permits are still flat.

  • Economic Indicators

    Permian Basin Economic Indicators, January 2017

    The Permian Basin labor market continued to improve in November. Oil prices were generally stable as there was optimism that the Organization of Petroleum Exporting Countries (OPEC) will follow through on the production agreement reached at the end of November.

  • Energy research

    Examining the links between oil, energy and the economy