Economic Indicators
Energy Indicators
Natural gas liquids (NGLs) production increased in 2023, and exports grew to new heights. U.S. chemical production improved in 2023, helped by easing input costs. The petrochemicals sector saw softening prices, and the basic chemicals sector saw increasing real export values.
January 24, 2024
Economic Indicators
Energy Indicators
U.S. exports of liquefied natural gas (LNG) are expected to continue to grow into 2024. Global natural gas and heating oil prices are subdued as the winter outlook has moderated, while propane prices are increasing but remain significantly below last year’s levels.
January 04, 2024
Economic Indicators
Energy Indicators
Gasoline and diesel prices have come down since the end of summer, with gasoline prices seeing a stronger decline. A drop in gasoline consumption contributed to bloated gasoline inventories, while consumption of diesel is still relatively healthy, contributing to higher refining margins for the heavier product.
November 29, 2023
Economic Indicators
Energy Indicators
Oil and gas executives expect the rig count to remain at current levels at the start of next year. Exploration and production (E&P) firms—especially the smaller ones—are preparing to see higher well completion and drilling costs in 2024.
November 08, 2023
Economic Indicators
Energy Indicators
Resilient demand and constricted supply due to OPEC+ production cuts will leave crude oil balances in a deficit for the remainder of the year, even with continually increasing U.S. production.
October 05, 2023
Special Report
Texas, Louisiana and New Mexico laying groundwork for greater internet connectivity
While the digital divide is wide in poor and more isolated areas of Texas, Louisiana and New Mexico, concerted efforts are taking shape across the region to close it.
August 23, 2023
Economic Indicators
Energy Indicators
The annual U.S. Energy and Employment Report (USEER) from the Department of Energy shows solar dominated electricity generation employment in 2022 and petroleum lead fuels employment.
August 16, 2023
Shreveport
Shreveport works to plug 'brain drain'
President Lorie Logan's 360° Listening Tour is taking her to communities all around the Eleventh Federal Reserve District during her first year at the Dallas Fed. The tour is helping deepen her understanding of the region’s people and economy by adding color and perspective that go beyond official statistics.
July 28, 2023
Economic Indicators
Energy Indicators
Oil and gas executives expect West Texas Intermediate (WTI) crude oil to end the year as high as $80 a barrel. Employment growth in the oil and gas sector is increasing at a slower rate compared with last year’s period of heightened energy prices, but it is still at robust levels.
July 13, 2023
Economic Indicators
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.
June 16, 2023