Oil Industry Thrives Amidst Global Uncertainty
Santa Fe News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Dallas Federal Reserves energy survey reveals optimism in Texas-New Mexico oilfields, with key index surging from minus six point two to twenty-one point zero. Despite global uncertainties, particularly Middle East conflicts, the sector remains resilient, with big players dominating the Permian Basin and smaller outfits planning drilling ramps. However, war-boosted prices and potential recession loom large.
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