From the Beige Book of the Federal Reserve Bank of Dallas. Released March 4. See http://www.dallasfed.org/research/beige/2015/bb150304.cfm
Energy:
"Demand for oilfield services fell sharply in the Eleventh District. Declines were concentrated in the Permian Basin and Eagle Ford regions, and contacts reported a pullback in both horizontal and traditional vertical drilling. Outlooks remain pessimistic and uncertain, with firms expecting a roughly 30 percent decline in capital expenditures this year."
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