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Member Bank of Federal Reserve
The Federal Reserve Bank of Dallas is one of the twelve Federal Reserve Banks of the United States. It is responsible for the Eleventh District of the Federal Reserve System, which encompasses Texas, northern Louisiana and southern New Mexico, a region sometimes referred to as the Oil Patch. The district is headquartered in Dallas and has branch offices in El Paso, Houston, and San Antonio. The bank's chief executive officer and president is Lorie K. Logan.
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Activity in the oil and gas sector further expanded in third quarter 2026, according to oil and gas executives responding to the Dallas Fed Energy Survey.
U.S. oil and gas activity expanded in the third quarter as E&Ps reported higher production and a more positive outlook, while Dallas Fed respondents forecast WTI at $88/bbl by year-end.
The Dallas Fed Energy Survey shows U.S. oil and gas activity expanded in Q3 2026, with production rising, costs elevated, and WTI forecast at $88 per barrel by year-end.