Energy and the Economy
The Kansas City Fed actively focuses on energy-related economic research. Our work provides insights on the energy industry within our seven-state region of the Tenth Federal Reserve District, nationally and globally.
Energy Research
Energy Survey
The Energy Survey monitors energy firms located and/or headquartered in the Tenth District, with results based on total firm...
Energy Conference
The Federal Reserve Banks of Dallas and Kansas City hold an annual joint energy conference, which focuses on the key drivers...
Canadian Oil Important for Midwest Gasoline Prices
U.S. imports of Canadian oil—a heavy sour crude—have doubled over the past two decades.
Examining the Financial Accelerator: Bank Responses to the 2014 Oil Price Shock
By restricting lending, banks may amplify economic downturns for vulnerable firms.
The Future of U.S. Productivity: Cautious Optimism amid Uncertainty
Recent productivity growth likely reflects both cyclical and structural factors, including remote work and AI.
Powering Up: The Surging Demand for Electricity
After years of stagnant growth, U.S. electricity demand recently surged. This increase was driven in part by the commercial sector
Harvesting the Wind: Oklahoma’s Strong Electricity Growth Has Few Agricultural Tradeoffs
This edition of Oklahoma Economist examines where electricity is generated within the state, its effect on agricultural land, ...
Agricultural Economic Summit Highlights Growing Connection Between Agriculture and Energy
The agriculture and energy sectors have become more tightly connected as renewable energy increases demand for input crops and cre
The Expanding Role of Renewable Fuel Policy as a Demand Driver in Agriculture
Recent renewable energy policies may lead to higher but more volatile prices for soybeans and other oilseed crops.
Older Energy Research
2023
- Outsized Decline: Oklahoma’s Energy Employment since 2019
By Chase Farha
Oklahoma Economist, Oct. 19, 2023 - High Natural Gas Prices: A Boost to Oklahoma Heating Bills and Drilling Activity
By Chase Farha
Oklahoma Economist, Jan. 6, 2023
2021
- Oklahoma’s Evolving Energy Landscape
By Courtney Shupert
Oklahoma Economist, Dec. 17, 2021
2020 - "Death of Coal and Breath of Life: The Effect of Power Plant Closure on Local Air"
By Jason P. Brown and Colton Tousey
Research Working Paper, Oct. 15, 2020 - "Predicting the Oil Market"
By Charles W. Calomiris, Nida Cakir Melek, and Harry Mamaysky
Research Working Paper, Dec. 23, 2020
2019
- "External LinkDrilling Productivity in the United States: What Lies Beneath"
By Jason P. Brown and David Rodziewicz
Economic Bulletin, May 22, 2019 - "Does Resource Ownership Matter? Oil and Gas Royalties and the Income Effect of Extraction"
By Jason Brown, Timothy Fitzgerald, and Jeremy G. Weber
Research Working Paper, Jan. 23, 2019
2018
- "Oil and Gas Productivity Doubled in the Past Five Years--What Happens Next?"
By Chad Wilkerson
Oklahoma Economist, June 18, 2018 - "Energy Investment Variability within the Macroeconomy"
By David Rodziewicz
Economic Review, Aug. 22, 2018 - "What Could Resurging U.S. Energy Production Mean for the U.S. Trade Deficit?"
By Nida Cakir Melek and Jun Nie
Economic Bulletin, March 7, 2018
2017
- "Do Adverse Oil Price Shocks Change Loan Contract Terms for Energy Firms?"
By Rajdeep Sengupta, W. Blake Marsh and David Rodziewicz
Economic Review, Nov. 30, 2017 - "Resource Booms and the Macroeconomy: The Case of U.S. Shale Oil"
By Nida Cakir Melek, Michael Plante and Mine K. Yucel
Research Working Paper, Sept. 22, 2017 - "Lifting the U.S. Crude Oil Export Ban: Prospects for Increasing Oil Market Efficiency"
By Nida Cakir Melek and Elena Ojeda
Economic Review, June 28, 2017 - "Response of Consumer Debt to Income Shocks: The Case of Energy Booms and Busts"
By Jason Brown
Research Working Paper, May 19, 2017
2016
- "How is Oklahoma’s Economy Performing Relative to other Oil and Gas States?"
By Chad Wilkerson
Oklahoma Economist, June 9, 2016