- Last Energy Research of Dallas Fed Deep skepticism has been discovered between the leaders of Donald Trump’s tariffs and oil production agenda. In anonymous comments, respondents predicted to reduce raw prices to $ 50, while the expenses of tariffs have reduced uncertainty and higher costs.
In anonymous comments collected by Dallas FedSome US Oil and Gas Managers did not hit the President Donald trummer because they criticized the main policy.
The majority of respondents have declined by their own tariffs and its tariffs and higher expenses, but other raw prices have not acutely expanding low prices in energy production in energy production.
“Management chaos is a disaster for commodity markets.
The White House immediately did not meet the desire to comment.
Trump, China, Canada, Mexico, steel, aluminum and autosu, pharmacy, chips, Lumber and EU tasks have already stressed the tariffs. According to him, it was reported that he was reported to be more aggressive in April 2 and pushed for a potential task.
Again, the pre-recent tariffs of the Trump, which began again, gave enterprises and consumers whip. Meanwhile, US processing plants trust the metals imported from Canada and Mexico and manufacturers for drilling operations.
Despite the transportation of oil records during the Bunden administration, the energy industry has mainly supported the Trump and returned to the office.
However, Trump officials have led to a federal reserve to reduce the inflation in the inflation and lower the inflation in the framework of the federal reserves. Especially proposed by leadership A barrel is $ 50He helped with the mass increase in supplies from the expanded production.
Now the honeymoon is over, because the industry warned that a barrel of $ 50 will not be economically possible.
“The threat of the administration’s $ 50 oil prices has led to reduce capital expenditures of our company 2025 and 2026.
Another one said, “I never felt more uncertainty about our work in my 40 plus my career.”
To be sure, some respondents welcomed the turn of Trump to increase its openness to increase the export of climate change policy and liquid natural gas.
However, the total tone was Goomy and Dallas Fed’s Business Activity Index fell to 3.8 in the first quarter of the fourth quarter
The company’s Outlook index won 12 points, 12 points offered to pessimize among companies, and the Outlook uncertainty index jumped to 21 points 43.1.
“The political climate in which the new Presidential Administration has established instability. The energy markets are not exempted from the loss of public faith in all markets,” he said.
This Dallas Fed’s Production Survey Last month, even in the conservative regions of the country, the leadership was collapsing in the ambination, the uncertainty of the tariff.
After separate research from other regional banks after separate research, there are deterioration in the economic outlook, as well as capital expenditures.
Meanwhile, consumers, Trump’s steep federal education and tariffs were negative as the business market and inflation were adequate.
On Tuesday, the last investigation of the Conference Council, revealed consumer confidence for the fourth month in a row.
It should be noted that the expectations of the survey expectations are the lowest worldview for the terms of consumers’ income, business and labor market conditions, “and in general, it is usually the lowest after a decline.”
This story was first displayed on Fortune.com
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