Dallas Fed: Oil and gas activity slips slightly, clouding 2026 outlook

Jack Burke Senior Editor, Compressor Tech2

December 17, 2025

Geopolitics, regulations, price volatility mentioned

Activity in the oil and gas sector edged lower in the fourth quarter of 2025, with executives continuing to report weak conditions and elevated uncertainty, according to the Dallas Fed Energy Survey.

The business activity index, the survey’s broadest measure of conditions facing energy firms in the Eleventh District,…

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