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Tag Archives: oil and gas activity

Dallas Fed: Oil and Gas Activity Rises in Third Quarter

Dallas Fed, oil and gas activity

Surveys and reports from the Federal Reserve Bank of Dallas are now available for the third quarter. The business activity index – the survey’s broadest measure of conditions facing Eleventh District energy firms – was up from 13.8 in the second quarter to 26.7. While the survey still shows weakness in both industry employment and production, it does show some ...

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Global forces drive local oil and gas activity

TRAVERSE CITY – Crude oil prices are likely to remain relatively low in the near future. Unless the Saudis decide to take matters into their own hands. Dr. Mary Cline, a Washington, D.C.-based consultant who recently spoke in Traverse City as part of the International Affairs Forum, thinks the price of crude could go even lower this summer. “I don’t see ...

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TX House Subcommittee hears testimony from Railroad Commission seismologist

Justin Scott | Breaking Energy Following the Texas Railroad Commission’s recent proposal for additional rules related to disposal wells in “high-risk” seismic areas, on Monday, August 25, members of the Texas House Subcommittee on Seismic Activity heard testimony from Dr. Craig Pearson, the seismologist hired by the Railroad Commission to investigate the possible correlation between seismic events and oil and gas activity. Pearson’s hiring followed a ...

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