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Louisiana

  • Economic Indicators

    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).

  • Economic Indicators

    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).

  • Economic Indicators

    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).

  • Economic Indicators

    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.

  • Dallas Fed Communities

    Young adults are disconnected from work and school due to long-term labor force trends

    The sharp rise during the pandemic in young people who are neither in school nor working—often referred to as “opportunity youth”—is the exacerbation of a problem that has gradually worsened in the past two decades.

  • Economic Indicators

    Energy Indicators

    Natural gas prices have plunged since the start of the year. An unusually warm winter in both the United States and Europe kept demand low during the heating season, and European countries were able to import sufficient amounts of non-Russian gas to forestall a winter energy crisis.

  • Economic Indicators

    Energy Indicators

    Energy prices have been dropping since summer as softening economic data and warmer-than-normal weather lowered demand expectations.

  • Economic Indicators

    Energy Indicators

    Refiners continued to boost activity as the country moved into the winter heating season amid low inventories and high margins.

  • Economic Indicators

    Energy Indicators

    Oil prices have eased from summer highs but remained elevated in October. Rising oilfield costs, labor shortages and supply-chain delays are limiting the capacity to grow, and drilling activity has leveled off.

  • Economic Indicators

    Energy Indicators

    Deteriorating global economic conditions have reduced expectations for oil consumption growth. OPEC+ has elected to cut production quotas in November, but underproduction by member countries is likely to mute the total impact.