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Cautious Optimism Meets Economic Uncertainty in the Oil Patch

Summary by OklahomaMinerals.com
The oil and gas industry enters the second quarter of 2025 with cautious optimism. Production remains steady, particularly in the Permian Basin and Mid-Continent regions, but under the surface, there’s growing anxiety about the broader economy. With recession fears creeping back into headlines, the stakes are high for energy-producing states like Oklahoma and Texas. The potential for a U.S. recession in 2025 is real, even if the timing and sever…
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OklahomaMinerals.com broke the news in on Monday, March 31, 2025.
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