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Louisiana

  • Economic Indicators

    Energy Indicators

    Russia increasingly restricting natural gas supplies to Europe over the past year has pushed natural gas prices to stratospheric levels in Europe. The hunt for substitutes amid widespread heat waves is pulling many other energy prices up with it.

  • Economic Indicators

    Energy Indicators

    Natural gas prices have been rising as inventories wane. Exports of natural gas are at record levels and set to grow further in the second half of 2022.

  • Economic Indicators

    Energy Indicators

    Refinery utilization is rising as they exit the spring maintenance season amid rising measures of profitability and low product inventories.

  • Dallas Fed Communities

    Greater Hispanic outreach can improve take-up of earned income tax credit

    Despite the Earned Income Tax Credit’s many benefits, a large percentage of qualified workers do not claim it.

  • Economic Indicators

    Energy Indicators

    The Russian invasion of Ukraine has roiled the industry and sent global energy prices soaring. Downward revisions to oil and gas payroll data reveal that the pandemic oil bust has been much deeper than national data initially showed.

  • Economic Indicators

    Energy Indicators

    Eroding inventories, heighted political tensions and uncertainty regarding spare production capacity from OPEC+ member countries kept global energy prices elevated through the end of 2021.

  • Economic Indicators

    Energy Indicators

    Overall, global demand for petroleum is expected to surpass 2019 levels by the end of 2022, contingent on the course of COVID-19. In the meantime, the cost of global energy is elevated heading into winter.

  • Economic Indicators

    Energy Indicators

    While oil and gas drilling activity is rising globally, international rig counts remain well below prepandemic levels.

  • Economic Indicators

    Energy Indicators

    Hurricane Ida temporarily impacted refining and petrochemical production, but the recovery was well underway for most facilities by the end of September.

  • Economic Indicators

    Energy Indicators

    U.S. oil and gas payrolls continued to increase in July. Oil prices rose in response to recovering demand, limited supply growth and eroding inventories. Natural gas prices increased due to healthy domestic and export demand and disruptions related to Hurricane Ida.