WTRG Economics Rig Count and Energy Forecasts

Analysis, planning, forecast and data services for energy producers and consumers.
Energy Economist Newsletter - In-depth analysis, information and forecasts. In addition to OPEC and crude oil prices, gasoline and natural gas prices, topics include regional, national and international exploration, production and consumption. Details and subscription information.
Oil Price History and Analysis -  100+ years of oil prices and the economic and political events that shaped the price: wars, domestic policy, embargoes and price control.
Measures of Petroleum Dependence and Vulnerability in OECD Countries Examines energy security, petroleum dependence, and petroleum vulnerability of the major consuming countries.  Originally published in Middle East Economic Survey
The Coming Energy Crisis? Parallels with earlier energy crises underscore US vulnerability to oil supply shocks today. This summary of our research appeared in the Oil and Gas Journal the first in a series on Global Energy Security. 
Rig Counts - (May 2, 2008Short and long term graphs of U.S., Canadian, Foreign and World Rotary Rig Count as well as U.S. Workover Rig Count.
Venezuela Once again a nation in crisis, possibly facing civil war with dire implications for oil prices.
OPEC Issues and Analysis: Articles written over several years analyzing the decisions faced by the Organization of Petroleum Exporting Countries.
 
FRB: Testimony, Greenspan--Natural gas supply and demand issues--June 10, 2003
National Energy Policy - The report to the President.
Links to oil, gas and general energy news and information
About WTRG Economics.Our products and services
Projects A brief list of some of the projects done by WTRG and its associates.
Crude Oil, Gasoline and Natural Gas Futures

NYMEX Prices for
May 16, 2008
NYMEX Light Sweet Crude +2.17
$126.29
IPE Brent +2.36
$124.99
RBOB Gasoline NY Harbor +0.0577
$3.2235
Heating Oil NY Harbor +0.0804
$3.7028
NYMEX Natural Gas -0.305
$11.094
Graphs: Oil & Gas Spot and Futures prices
News & Issues:
Saudi Arabia says it increased oil output by 300,000 barrels per day last week
Who Really Controls the Oil Market?

Oil futures retreat as natural gas prices drop 2%
W.House says won't veto bill to halt oil storage Note: the SPR fill rate in this article in 2008 the fill rate averaged 42,200 barrels per day. The total for 2008 the equivalent of three large tankers. In the latest week it was 94,400 b/d.
Congress Strengthens Electronic Exchange Oversight
Brazil Delaying Oil Auctions on Ship, Rig Shortages

Oil prices end under $125 as refinery activity climbs
The new realities of record oil
Hands Off Lebanon, Saud Tells Iran
CNPC natural gas daily production down 5.6 million cubic meters
Nigeria Rebel Group Denies Attack On Chevron Vessel
Despite Bush's opposition, Congress votes to halt stockpiling oil
Venezuela touts LNG growth despite Deltana results

Oil closes higher after tapping a record near $127
House votes to stop adding to oil stockpile
Oil subsidies in emerging countries squeezed: IEA
IEA slashes oil 2008 demand forecast, warns of further cuts
Synfuels International sees fuel future in flared natural gas
Hugo Chavez makes 'Hitler' jibe at Merkel
Bush prepares to press Saudis on skyrocketing price of oil
U.S. says it won't sell reserve crude oil
Venezuela: Steel Company Is Nationalized
Attempts to Divide Venezuela Will Be Cause For War Says Chavez

Gas jumps above $3.67, oil passes $126 on Venezuela concerns
Oil's rise fuels fear of price bubble
Files show ties of Venezuela-Colombia rebels
Nigeria: Gas Flaring - 2008 Deadline Not Achieveable - Shell

Election Year + $124 Crude Oil = Silly Solutions
Oil futures expand winning streak to top $124
Niger Delta push for US mediator
Nigeria: ExxonMobil, Shell Resume Production
Chavez: Venezuela won't tolerate secession in Bolivia
OPEC head says no shortage in oil market
Oil's surge: what's behind it and what it means for Saudi Arabia
Bill Targets Oil Firms and OPEC

Oil ends atop $123, up almost 10% in four sessions
Senate Democrats unveil new energy tax plan
33% oil revenue goes back to consumer nations: OAPEC
OPEC to earn over $1 trillion from oil exports-EIA

Three-session win sends oil to a close near $122
Nigeria oil rebels pledge truce if Carter mediates
PetroChina, Venezuela Are in Talks Over Oil Refinery
Indonesia May Leave OPEC in 2009 as Oil Output Drops
Anti-pollution march staged in western China
Clinton pledges to smash OPEC

Oil futures near $120 to end at a fresh record
Bush to tell Saudis of oil price worries: White House
Groups sue to stop seismic oil exploration in Arctic seas
King Faisal Stood Firm on Oil Embargo

Oil Rises More Than $3, Most in a Month, on U.S. Jobs Report
Exploration: U.S. Rig Count-3, Canada +7, International +22
Shell: Attackers sabotage oil installation in Nigeria
Chavez nationalizes Argentine foundry, Venezuela’s largest
Chavez shops to shorten Venezuela food lines

Graphs Oil and Natural Gas Prices
Futures Prices Spot Prices
NYMEX Crude Oil WTI Cushing, Oklahoma
Brent Crude Oil Brent Spot
RBOB Gasoline Gasoline - New York Harbor
Heating Oil Heating Oil - New York Harbor
NYMEX Natural Gas Natural Gas Henry Hub Louisiana
 
Copyright © 1996-2008 by James L. Williams
 
James L. Williams
WTRG Economics 
P.O. Box 250
London, Arkansas 72847
Phone: (479) 293-4081
 
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email WTRG at wtrg@wtrg.com