Economic Indicators
Energy Indicators
Refinery utilization is rising as they exit the spring maintenance season amid rising measures of profitability and low product inventories.
April 28, 2022
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.
March 21, 2022
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.
March 14, 2022
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.
January 28, 2022
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.
December 16, 2021
Economic Indicators
Energy Indicators
While oil and gas drilling activity is rising globally, international rig counts remain well below prepandemic levels.
November 16, 2021
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.
October 06, 2021
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.
September 20, 2021
Economic Indicators
Energy Indicators
Energy sector stock market returns outperformed the S&P 500 this year despite some easing over the summer. Refiner stocks lagged behind, but U.S. refiners have been processing more oil than at any point since the start of the pandemic amid recovering demand.
August 16, 2021
Economic Indicators
Energy Indicators
Recent data for the energy sector have been positive. Energy prices rose to multiyear highs, and drilling activity extended a steady upward march.
July 23, 2021