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Texas oil and gas firms are feeling pessimistic about the upcoming year. In the latest Dallas Fed survey, energy firms reported lower production, increased costs and heightened uncertainty. Oil is a good chunk of the Texas economy, and the Texas economy is a good chunk of the U.S. economy — around 9%. Also on the show: auto parts manufacturer First Brands files for Chapter 11 bankruptcy and the USDA revives its farm-to-school grant program.
By Marketplace4.5
878878 ratings
Texas oil and gas firms are feeling pessimistic about the upcoming year. In the latest Dallas Fed survey, energy firms reported lower production, increased costs and heightened uncertainty. Oil is a good chunk of the Texas economy, and the Texas economy is a good chunk of the U.S. economy — around 9%. Also on the show: auto parts manufacturer First Brands files for Chapter 11 bankruptcy and the USDA revives its farm-to-school grant program.

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