Energy Updates

Energy Investment Variability within the Macroeconomy

By David Rodziewicz
August 22, 2018 | Economic Review

Over the past 10 years, U.S. investment has become more variable. David Rodziewicz finds that the increase in variability was driven by a combination of increased energy investment and an increased concentration of investment in more volatile segments of the sector.  

Oil and Gas Productivity Doubled in the Past Five Years—What Happens Next?

By Chad Wilkerson
June 18, 2018 | 2nd Quarter 2018

The second quarter issue of the Oklahoma Economist looks at the data and factors behind the recent rise in U.S. oil and gas productivity and compares it to other industries that have experienced similiar surges in productivity.

What Could Resurging U.S. Energy Production Mean for the U.S. Trade Deficit?

By Nida Cakir Melek and Jun Nie
March 07, 2018

Over the past decade, U.S. energy production has boomed, reducing the demand for energy imports and boosting energy exports. The resulting large decline in net energy imports has helped reduce the U.S. trade deficit significantly. Resurging energy production and booming energy exports in recent months will likely help reduce the U.S. trade deficit by another 5 percent by the end of 2018.

Do Adverse Oil Price Shocks Change Loan Contract Terms for Energy Firms?

By Rajdeep Sengupta, W. Blake Marsh and David Rodziewicz
November 30, 2017 | Economic Review

The 2014 oil price decline sparked concerns about energy firms' future earnings and creditworthiness. Rajdeep Sengupta, W. Blake Marsh, and David Rodziewicz find that oil firms involved in exploration and drilling were charged higher loan prices relative to other oil firms in the wake of the decline.

Tenth District Energy Activity Flat, Outlook Higher

First quarter energy survey results revealed Tenth District energy activity was flat, but the outlook for future activity rose moderately. Read the latest survey.

Chart 1. Drilling/Business Activity Index vs. a Quarter Ago

The Energy Databook provides current economic indicators to help monitor trends and allow comparison of past information. These indicators include: oil and natural gas prices; global petroleum production and demand; U.S. oil production and petroleum demand; U.S. crude oil stocks; OECD petroleum stocks; U.S. oil imports; U.S. oil exports; oil and gas drilling rig counts; and U.S. natural gas production.

Current databook: January 18, 2019

View past issues of the Energy Databook.

2018
2017
2016

2015

2014

2013

The Federal Reserve Banks of Dallas and Kansas City will host their third joint energy conference on September 7 in Dallas. The conference will focus on global oil market dynamics, the long-term outlook for U.S. shale, and U.S. energy trade flows. Participants are business leaders, central bankers, government officials, academics and financial market representatives.

Featured Speakers:

  • Robert S. Kaplan, Federal Reserve Bank of Dallas
  • John Auers, Turner, Mason & Co.
  • Linda Capuano, U.S. Energy Information Administration
  • Willie Chiang, Plains All American Pipeline
  • Helima Croft, RBC Capital Markets
  • Greg Determann, JPMorgan Chase
  • Tom Jorden, Cimarex Energy
  • Ed Morse, Citigroup
  • C.H. “Scott” Rees III, Netherland, Sewell & Associates
  • Kate Richard, Warwick Energy Group
  • Ron Ripple, University of Tulsa
  • Mark Schwartz, S&P Global Platts
  • Torsten Sløk, Deutsche Bank

For more information, visit the conference web page. 

The Federal Reserve Banks of Kansas City and Dallas held their second joint energy conference on Sept. 22, 2017, which focused on global oil supply dynamics, the global oil demand outlook, and the oil and gas regulatory environment.

For more information, visit the conference event page.

The Oklahoma City Branch of the Federal Reserve Bank of Kansas City hosted research economists from across the Federal Reserve System and other central banks at the Federal Reserve System Energy Meeting in September.

For more information, visit the meeting event page.

The Federal Reserve Banks of Dallas and Kansas City held their first joint energy conference, which focused on the key drivers of recent oil price movements and their implications for the energy industry, the financial sector and the broader economy. Top leaders from academia, business and government presented and discussed their views on these topics.

For more information, visit the conference web page.