Working Paper
Geopolitical Oil Price Risk and Economic Fluctuations
This paper provides the first systematic account of the quantitative importance of time-varying geopolitical risk to oil production for the global economy.
May 28, 2024
Economic Indicators
Permian Basin Economic Indicators
Permian Basin employment fell during first quarter 2024, and the unemployment rate rose. The region’s rig count increased slightly, while the price of oil notably shot up.
May 24, 2024
Dallas Fed Economics
How global oil sanctions lowered Russian oil export prices
The decline in Russian oil export revenue since January 2022 was achieved by reducing the Russian export price rather than the volume of Russian oil exports.
May 14, 2024
Southwest Economy
Addressing Texas grid reliability: Time to go nuclear?
Thirty years after Texas’ last nuclear plant opened, new nuclear generation could provide needed power without planet-warming greenhouse gas emissions.
May 13, 2024
Economic Indicators
Energy Indicators
Coal power usage continues to decline in Texas. Solar power will be roughly half of all new electric-generation additions in both Texas and the U.S. in 2024, according to the Energy Information Administration.
May 08, 2024
Outlook improves even as oil and gas activity little changed; breakeven prices increase
Activity in the oil and gas sector was relatively unchanged in the first quarter of 2024, according to oil and gas executives responding to the Dallas Fed Energy Survey.
March 27, 2024
Working Paper
The Impact of the 2022 Oil Embargo and Price Cap on Russian Oil Prices
This paper documents the effect of the oil embargo and price cap on Russian oil exports in the wake of the Russian invasion of Ukraine in February 2022.
March 26, 2024
Economic Indicators
Energy Indicators
Coal power usage continues to decline in Texas. Solar power will be roughly half of all new electric-generation additions in both Texas and the U.S. in 2024, according to the Energy Information Administration.
March 13, 2024
Economic Indicators
Permian Basin Economic Indicators
Permian Basin employment and wages rose during fourth quarter 2023, while the unemployment rate fell. The region’s rig count and the price of oil notably declined.
February 20, 2024
Economic Indicators
Energy Indicators
The U.S. rig count declined in 2023, natural gas prices declined, and oil prices held relatively steady. Large oil and gas exploration and production (E&P) firms are turning their attention to acquiring assets in 2024, while small firms are aiming to grow production.
February 13, 2024