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Energy

 

  • Surveys

    Dallas Fed Energy Survey

    Activity in the oil and gas sector was unchanged in second quarter 2023, according to oil and gas executives responding to the Dallas Fed Energy Survey.

  • Energy Indicators

    Oil prices were affected little by Saudi Arabia’s decision to cut 1 million barrels a day (mb/d) in July. Crude and other liquids inventories in developed nations have been declining over the past year but are expected to rise through the end of 2024.

  • Permian Basin Economic Indicators

    Permian Basin employment slipped 0.2 percent over the first three months of 2023 even though the mining, logging and construction sector grew 8.5 percent. The region’s rig count is down as the price of oil has declined from its peak last summer.

  • Energy Indicators

    In a surprise move at the beginning of the month, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced a voluntary reduction in production quotas of nearly 1.7 million barrels per day (mb/d).

  • Energy Indicators

    In a surprise move at the beginning of the month, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced a voluntary reduction in production quotas of nearly 1.7 million barrels per day (mb/d).

  • Global energy producer Midland–Odessa seeks economic stability, end to boom-and-bust

    In the fifth stop on her 360° in 365 Listening Tour, Dallas Fed President Lorie K. Logan met with Midland–Odessa business and community leaders in mid-April to learn about the area’s strengths, challenges and outlook.

  • Energy transition means more than just additional electric vehicles

    Dallas Fed economist David Rapson discusses the challenges of moving away from a fossil-fuel-dependent economy.

  • Energy Indicators

    In a surprise move at the beginning of the month, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced a voluntary reduction in production quotas of nearly 1.7 million barrels per day (mb/d).

  • Energy Indicators

    The prices of many global energy products have come down since the start of the year. Global refined crude throughput has increased in the past year and is expected to continue to rise.

  • Surveys

    Dallas Fed Energy Survey

    Growth in the oil and gas sector stalled out in first quarter 2023, according to oil and gas executives responding to the Dallas Fed Energy Survey.