Kansas City Fed Survey Shows U.S. Oil and Gas Firms Are Upbeat

Kansas City Fed Survey Shows U.S. Oil and Gas Firms Are Upbeat

Kansas City Fed Survey Shows U.S. Oil and Gas Firms Are Upbeat

SUGAR LAND--January 11, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Respondents to a survey from the Federal Reserve Bank of Kansas City said they were somewhat optimistic about the future for oil and gas, even as the economy accelerates on the energy transition pathway. Upstream businesses are tacitly embracing the energy transition, with even the American Petroleum Institute boasting about the lower environmental footprint in U.S. shale.

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