Dallas Fed: Slowing growth doesn’t stifle outlook for oil and gas companies

Texas oil and gas companies are more optimistic about the future than they were at the end of last year, although output in the industry is “well below” that of previous years, according to a survey released Wednesday by the Federal Reserve Bank of Dallas.

A survey of exploration and production companies and oilfield services companies showed growing confidence in the oil and gas market during the first three months of 2019. The quarterly Dallas Fed survey is taken by energy companies in Texas,…


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