Oil and gas firms in the U.S.’ 10th District saw a moderate decrease in activity for the third quarter of 2019, according to results of the Kansas City Fed’s 3Q energy survey. While second quarter saw slight activity increases, oil and gas firms in the U.S.’ 10th District saw a moderate decrease in activity for the third quarter of 2019, according to results of the Kansas City Fed’s 3Q energy survey released Friday. Drilling and business activity for energy companies in Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico and western Missouri fell from 7 to -23, which indicates a significant drop in activity. The Dallas Fed quarterly survey of the 11th District (firms in Texas, northern Louisiana and southern New Mexico) also noted a drop in 3Q activity. The 10th District saw declines for the following indexes in 3Q: revenues supplier delivery time profits employment access to credit […]