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Dallas Fed: Oil And Gas Sector Is On Fire

The oil and gas sector continued its strong growth in Q2, according to executives polled by the Dallas Fed in its most recent survey published on Wednesday. The survey’s broadest measure of conditions facing energy firms—also known as the business activity index—remains high at 53.0. But there’s more good news for the U.

S. oil and gas sector—a sector that is facing extreme pressure from a particularly green administration, environmentalists, activist shareholders, and the IEA’s calls for a net-zero world by 2050.…

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