Posts Tagged ‘Dallas Federal Reserve president to see cut in oil and gas capital spending’

Dallas Federal Reserve president to see cut in oil and gas capital spending

The Federal Reserve of Dallas which has Permian basin in their economic region has been expecting the sector of oil and gas to cut their spending on capital by 10-15% in the year 2020. Rob Kaplan who is the president of the district has said that this decline in the production growth of oil is…Continue Reading…