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.
This article explore distortions highlighted by the export ban and potential efficiency gains from the lifting of the ban.
This paper investigates how consumers respond to local income shocks as a result of booms and busts in oil and gas development.
This edition of The Oklahoma Economist finds that the extent of recovery will depend on the future path of oil and gas prices and how those prices intersect with the prices energy firms say they need to expand activity.
Third quarter energy survey results revealed only slight growth in Tenth District energy activity. Firms reported much slower but still positive growth in activity in the third quarter, with the hurricanes having only a moderate negative effect. Read the latest survey.
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.
The Federal Reserve Banks of Kansas City and Dallas will hold their second joint energy conference on Sept. 22, 2017, which will focus on global oil supply dynamics, the global oil demand outlook, and the oil and gas regulatory environment.
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.