Dallas Fed survey finds first quarter oil and gas activity rose

A Federal Reserve Bank of Dallas survey found activity in the U.S. oil and gas sector in Texas, Louisiana and New Mexico increased in Q1 2026, while output remained steady. The read indicates rising upstream activity and investment without near-term production growth, suggesting limited immediate impact on supply or energy prices.

Analysis

A Federal Reserve Bank of Dallas survey found activity in the U.S. oil and gas sector in Texas, Louisiana and New Mexico increased in Q1 2026, while output remained steady. The read indicates rising upstream activity and investment without near-term production growth, suggesting limited immediate impact on supply or energy prices.