Energy Updates

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

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

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.

Lifting the U.S. Crude Oil Export Ban: Prospects for Increasing Oil Market Efficiency

By Nida Cakir Melek and Elena Ojeda
June 28, 2017

This article explore distortions highlighted by the export ban and potential efficiency gains from the lifting of the ban.

Response of Consumer Debt to Income Shocks: The Case of Energy Booms and Busts

By Jason P. Brown
May 18, 2017

This paper investigates how consumers respond to local income shocks as a result of booms and busts in oil and gas development.

How Strong Is the Recovery in Oklahoma’s Oil and Gas Sector?

By Chad Wilkerson
March 21, 2017

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.

Growth in Tenth District Energy Activity Slows

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.

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: November 20, 2017

Previous releases:

  • October 20, 2017 View 
  • September 15, 2017 View 
  • August 18, 2017 View 
  • July 21, 2017 View  
  • June 16, 2017 View
  • May 24, 2017 View 
  • April 24, 2017 View 
  • March 27, 2017 View 
  • February 28, 2017 View

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Global Oil Supply and Demand: Prospects for Greater Balance

September 22, 2017

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.

System Energy Meeting

September 21, 2017

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.