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'Right now we are bleeding': Oilfield execs dour in Dallas Fed energy survey
Yahoo Finance· 2025-09-24 14:39
By Georgina McCartney HOUSTON (Reuters) -Oil and gas activity in the key producing states of Texas, Louisiana and New Mexico declined slightly in the third quarter, as executives there expressed an increasingly negative outlook for the industry, according to a survey released by the Federal Reserve Bank of Dallas on Wednesday. The drop in activity and production comes amid growing uncertainty around oil prices and increased frustration with U.S. President Donald Trump's administration. Executives blamed ...