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Dallas Fed Energy Survey Shows Oil, Gas Sector Activity Increase in 4Q
Activity in the oil and gas sector increased slightly in fourth quarter 2024, according to oil and gas executives responding to the Dallas Fed Energy Survey. That’s what the Federal Reserve Bank of Dallas stated late last week on a Dallas Fed Energy Survey page on its website. “The business activity index, the survey’s broadest measure of the conditions energy firms face in the Eleventh District, increased from -5.9 in the third quarter to 6.0 in the fourth quarter,” the Dallas Fed noted on the site. “The company outlook index turned positive in the fourth quarter, increasing 19 points from -12.1 to 7.1, ... (full story)