WTRG Economics Rig Count
                      and Energy Forecasts

Analysis, planning, forecast and data services for energy producers and consumers.
Rig Count News - May 19, 2017  US rig count is up 16. Oil drilling rigs are up 8 and gas are also 8 higher. Canadian drilling was 5 rigs. Click on the link for detailed tables and graphs of U.S. and Canada. Foreign rig count was up 14 in March.
Subscribe to WTRG's 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.
Energy Blog:
Coal, CO2 and Limitations of Energy Policy

Oil Price History and AnalysisUpdated 1869 - 2011. This history of oil prices has 152 years of oil prices and the economic and political events that shaped the price: wars, economy, domestic policy, embargoes, OPEC and price controls.
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. 
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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.
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 Prices

NYMEX Prices for May 23, 2017
NYMEX Light Sweet Crude +0.34
$51.47
ICE Brent +0.28
$54.15
RBOB Gasoline NY Harbor -0.0012
$1.6614
Heating Oil NY Harbor +0.0046
$1.6067
NYMEX Natural Gas -0.111
$3.219
Graphs: Oil & Gas Spot and Futures prices
 
Links to Oil, Gas, Energy Prices, News & Issues:
Oil settles up slightly on view OPEC will extend output cuts
Trump’s proposal to sell nearly half of the oil from the Strategic Petroleum Reserve isn’t as bad as you think
Iraq Paves Way for OPEC Deal With Support for 9-Month Extension to Cuts
Venezuela prosecutor decries Maduro plan, unrest worsens
US president’s historic visit sends a clear message that Washington and the GCC are resolute allies (OpEd)
Venezuela: Mass rally, violent clashes in 50th day of protests
Saudi Arabia says inclusion of small producers to oil output cut extension enough to reduce inventories
Saudi Arabia Greets Trump With Billions of Dollars of Deals
Iran's Rouhani to Seek Unity After Election Underscores Divides
Crude Oil and Natural Gas Exploration: U.S. +16, Canada +5, International +14
Fracking Crew Shortage May Push Oil's Biggest Bubble to 2018US, Saudi Arabia reach tentative pacts potentially worth $110 billion
U.S. Treasury Department Imposes Sanctions on Venezuelan Supreme Court
Mexico’s dry gas production declining
Sunnis seek greater say in post-IS Iraq but face resistance
Venezuela’s Oil Production On The Brink Of Collapse
OPEC Risks Deal Fatigue as Maintaining Oil Curbs Get Tougher
In America's largest oilfield, whir of activity confounds OPEC
West Texas oil boom threatens recovery in Canadian oilpatch
Kuwait Joins Saudis, Russia to Seek Oil-Cuts Extension Into 2018
Grisly 24-hour period leaves 4 dead in Venezuela unrest
Nigerian oil workers extend Exxon Mobil strike to Chevron, Agip and Shell
OPEC and hedge funds are trapped in Groundhog Day: Kemp
Oil rises above $52 as Saudis, Russia back longer supply cut
OPEC's Staring Down a Double-Barrel Cut
Even at $40 oil, U.S. shale will still grow in 2017, Rystad says
U.S. Shale’s Favorite Financial Trick Is Getting Less Attractive
Dow Chemical to spend $4 billion in Texas, Michigan and Europe expansions
US-China deal may shake up global LNG trade says Wood Mackenzie
Oil Producers in Consensus to Extend Cuts, OPEC Members Say
IEA to review oil demand outlook after China, India signal auto policy shifts
For tiniest victims of Venezuela crisis, a lifeline is at hand
OPEC raises ’17 estimate for supply growth from rival producers by 64%
Here’s why OPEC might just let the deal on oil output cuts collapse   Not Likely
Libya Pumping Most Oil Since 2014 Even as Dispute Slows Recovery
Oil jumps on drop in US crude stocks, possible OPEC cut extension
India on track to boost oil & gas output
The World's Biggest Independent Oil Trader Has a Warning for OPEC
Secretary Zinke Signs Orders Implementing America-First Offshore Energy Strategy
DOI Releases Report On Unused Oil And Gas Leases
API Study: U.S. Gas and Oil Infrastructure Could Support Over 1 Million Jobs The 159 Page API Study is here (PDF)
Saudi Arabia says will "do whatever it takes" to balance oil market
Venezuela Braces for Double Whammy If U.S. Imposes Oil Sanctions
Venezuela Opposition Boycotts Maduro's Constitution Rewrite
Hedge Funds Bail Just Before OPEC-Driven Oil Rally Vanishes

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
 
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Copyright © 1996-2017 by James L. Williams
 
James L. Williams
WTRG Economics 
P.O. Box 250
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Phone: (479) 293-4081
 
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