US Oil & Gas Executives Decry Trump’s ‘Chaos’ in Q3 Dallas Fed Survey

Pessimism is significantly on the rise among U.S. oil and gas executives, with many voicing strong frustration over the Trump administration’s current trade policies and regulatory shifts. A Q3 regional survey released this week by the Federal Reserve Bank of Dallas highlights a widespread sentiment that these policies are detrimental to the industry.

Key insights from the survey reveal executives are increasingly concerned, labeling the administration’s approach as ‘chaos.’ Furthermore, expectations for WTI crude prices have been adjusted downward, with leaders anticipating prices to remain in the $60s through 2027, a lower forecast than previously held. The report also notes that escalating geopolitical risks, including recent attacks in Ukraine and corresponding sanctions, have contributed to a recent uptick in oil prices.

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