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Kunal Patel, Federal Reserve Bank of Dallas, shares information from their survey with over 200 oil and gas companies. Patel talks about their key conclusions, wages, rising costs, equipment utilization and uncertainty that persists in the marketplace.
Patel also comments on the Permian activity and what producers in the survey are talking about.
The lack of pipelines, rise of renewable regulations, rig counts, innovation and controlling costs are also discussed in the interview.