U.S. Oil & Gas Activity Edges Up in Q1, But Executives Fear Tariffs Will Squeeze Profits, Dallas Fed Reports
U.S. oil and gas activity saw a modest rise in Q1 2025, but sector executives voiced deepening pessimism over Trump administration tariffs and conflicting energy policies, according to a Dallas Federal Reserve survey released Wednesday. While 130 energy firms reported increased production, concerns over rising costs and policy instability overshadowed gains, with the company outlook […]