Oil and Gas Industry Faces Uncertainty and Flat Growth Outlook for 2026

1 min read
Source: Federal Reserve Bank of Dallas
Oil and Gas Industry Faces Uncertainty and Flat Growth Outlook for 2026
Photo: Federal Reserve Bank of Dallas
TL;DR Summary

Oil and gas activity in the Dallas Fed district is slightly declining amid ongoing pessimism, with firms expecting modest changes in production and employment, and forecasting WTI prices around $62 per barrel in 2026, while capital spending remains uncertain and AI's impact on costs is viewed as limited.

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