The Dallas Federal Reserve does a quarterly survey of Oil and Gas Executives.
They also include comments that the execs volunteer on the survey. Here are a few from the current publication for the second quarter.
Federal Reserve Bank of Dallas:
“The Liberation Day chaos and tariff antics have harmed the domestic energy industry. Drill, baby, drill will not happen with this level of volatility. Companies will continue to lay down rigs and frack spreads.”
“There is constant noise coming from the administration saying $50-per-barrel oil is the target. Everyone should understand that $50 is not a sustainable price for oil. It needs to be mid $60s.”
“There is too much uncertainty in the market.”
“Increased steel costs and other costs for drilling wells are affecting our business. The increased costs change the production economics.”
