Oil and gas drilling permits surge 55% under Trump

The Trump administration’s efforts to boost the U.S. oil and gas industry resulted in a 55 percent increase in permits to drill on public lands in just under a year. The Interior Department’s Bureau of Land Management approved 5,742 permits to drill between Jan. 20, 2025 — the first day of President Donald Trump’s second term — and Jan. 6 of this year, according to data from the agency. Read more…

Lingering pessimism, uncertainty further weigh on oil and gas activity

Activity in the oil and gas sector edged lower in fourth quarter 2025, according to oil and gas executives responding to the Dallas Fed Energy Survey. The business activity index, the survey’s broadest measure of the conditions energy firms face in the Eleventh District, remained negative, though relatively unchanged at -6.2 in the fourth quarter. Read more…

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