A survey from the Dallas Federal Reserve finds pressure from energy sector weakness may be spilling over into other parts of the economy. “Demand for oilfield services remained depressed as drilling declined in the Permian Basin and Eagle Ford shale,” the Dallas Federal Reserve said in its Beige Book. “Cost cutting continued through reductions in employment and capital spending.” The Railroad Commission of Texas, the state’s energy regulator, issued 727 original drilling permits in December, about 51 percent less than the total issued for the same month in 2014. Oilfield services company Baker Hughes reports 308 active rigs in Texas for the week ending Jan. 8, down 4 percent from the previous week and 62 percent lower […]