WTRG Economics Rig Count
                      and Energy Forecasts

Analysis, planning, forecast and data services for energy producers and consumers.
Rig Count News - November 9, 2018  U.S. rig count  was up 14. Rigs targeting oil were up 12 and gas rigs were 2 higher. Canadian rig count was down 2 with oil rigs down 4 and gas drilling was higher by 2 rigs. International rigs are up 13 for the month of October. Follow the link for detailed tables and graphs of U.S. and Canada.
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 Analysis - 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 November 12, 2018
NYMEX Light Sweet Crude -0.26
$59.93
ICE Brent
-0.06 $70.12
RBOB Gasoline NY Harbor +0.0153
 $1.6367
Heating Oil NY Harbor -0.0172  $2.1556
NYMEX Natural Gas +0.069
$3.788
 
Links to Oil, Gas, Energy Prices, News & Issues:
'No consideration whatsoever to eliminate OPEC' within Saudi government: Falih
Oil prices fall, with U.S. benchmark below $60 and down a record 11 sessions in a row
Major oil producers to consider cuts after price slide
Crude Oil and Natural Gas Rig Count: U.S.+14, Canada -2 International +13

Explainer: Why are Iraq's Kirkuk oilfields so important?
Natural gas rallies to highest finish in nearly 2 years
The oil rout just became a bear market for U.S. crude
Iran's economy to suffer but likely ride out U.S. sanctions storm
Norwegian Oil, Gas Plants Restart after Ship Collision
Trump says "fragile" oil market behind decision on Iran waivers
Colorado oil producers rise as voters reject drilling limits
The oil industry revolution will not be televised
Iraq to increase oil output and exports, waits on Iran sanctions
Advanced Bakken completions, cost-control has Whiting inspired
U.S. oil erases gain, ends lower with some nations allowed to keep buying Iranian oil despite sanctions
UAE ups oil and gas output as Iran sanctions hit
Israel announces new oil and gas exploration round in eastern Mediterranean
China's Sinopec, CNPC speed up oil, gas drilling to boost output
BLMís state offices prepare to hold fourth-quarter lease sales
Big oil companies are rolling up shale plays, just in time
Iran sanctions, winter demand, limited OPEC spare capacity
Hereís what U.S. waivers on Iran oil sanctions mean for the global crude market
Why oil prices are plunging despite U.S. sanctions on Iranís energy sector
Crude Oil and Natural Gas Rig Count: U.S. -1, Canada -2 International -4

U.S. to Give Eight Nations Oil Waivers Under Iran Sanctions
Oil extends drop, setting U.S. benchmark up for its lowest finish since April
OPEC oil output rises to highest since 2016 despite Iran: Reuters survey
Rising U.S. crude output sparks race to build export terminals
Libya adds 10,000 bpd by restarting three small eastern fields
Canadian producers turn to trucks as supply glut grows
BP completes $10.5-billion BHP acquisition, establishes BPX Energy
The Oil And Gas Situation: Volatility, Trade Wars Beginning To Take A Toll
High oil prices hurt consumers, dent fuel demand: IEA chief
King Salman's brother 'returns to Riyadh' amid Khashoggi crisis
Oil dips as Russia signals output will stay high
Nigeria Heads to Sea in Search of Future for Oil Producers
APICORP: MENA energy spend continues to be heavy
Corpus Christi Port to Build Oil Export Terminal
North Sea Oil And Gas Exploration Still Attracting Billions Of Investment Dollars
Russian energy minister Novak: No need to freeze or cut oil output levels
Trumpís new FERC chairman could give new life to plan to help coal and nuclear power plants, analysts say
Crude Oil and Natural Gas Rig Count: U.S. +4, Canada -4, International -4

Oil Looks Vulnerable from Short Term Perspective
Halliburton's Optimism Clouded by Weak End to 2018
Conoco collecting $2 billion by the barrel from Venezuela
China Tells State-Owned Giants to Halt Iran Oil Buying
Majors pursue China with $24-billion spending spree
Upstream players need to boost spending to meet future demand
Interior Department approves plan for oil production facility on manmade Arctic island
Maritime Rule Change Stirs Fears of Diesel Shortage
Total CEO steps into the eye of Saudi storm as other bosses balk
Crude tumbles 5% as Saudis pledge to produce as much as they can
OPEC's in "produce as much as you can mode," Al-Falih says
Oil prices end barely higher as traders monitor U.S.-Saudi tensions
E&Ps Bet on New Terminals to Boost Oil Exports
Saudi energy minister Al-Falih speaks to TASS on OPEC+, oil prices and Khashoggi (This is a must read)

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 © 1996-2018 by James L. Williams
 
James L. Williams
WTRG Economics 
P.O. Box 250
London, Arkansas 72847
Phone: (479) 293-4081
 
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