June 23 (Reuters) - U.S. energy company executives polled by
the Federal Reserve Bank of Dallas have an optimistic outlook
driven by upticks in activity and a jump in oil prices,
according to a survey released on Wednesday.
Oil and gas producers are spending more money on projects
and expect to raise that amount again next year, according to
executives contacted by the Dallas Fed. The rosier outlook comes
as oil prices on Wednesday climbed to the highest levels since
late 2018 on crude inventory declines and shares in oil and gas
companies traded higher.
The Dallas Fed survey includes executives from Texas,
Louisiana and New Mexico.
Three-quarters of executives said they believe there will be
a global crude oil supply gap in the next two to four years.
Oilfield services firms reported improvement in equipment
use, operating margins and the prices received for services.
Most executives - 82% - do not think a carbon tax should be
used to reduce carbon emissions, according to the survey.
(Reporting by Jennifer Hiller)