“The capital markets for oil and gas remain extremely difficult. The risk appetites of the banks for energy lending are much lower.”
By Wolf Richter for WOLF STREET. The Dallas Fed’s Forth Quarter Energy Survey, released today, portrays an industry that is turning increasingly somber. The data is based on responses of executives (names are not disclosed) of 170 energy companies – 111 exploration and production (E&P) companies; and 59 oil field services companies – located or headquartered in the Dallas … Read more