WTRG Economics Rig Count
                      and Energy Forecasts

Analysis, planning, forecast and data services for energy producers and consumers.
Rig Count News - June 22, 2018  U.S. rig count is down 7.. Rigs targeting oil are lower by 1 and gas rigs were down 6. Canadian rig count was up 21 rigs with oil rigs up 16 and gas drilling up 5 rigs. International rigs are down 11 for the month of May. 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 June 22
, 2018
NYMEX Light Sweet Crude +3.04
$68.58
ICE Brent
+2.50 $75.55
RBOB Gasoline NY Harbor +0.0582  $2.0705
Heating Oil NY Harbor +0.0553  $2.1254
NYMEX Natural Gas -0.030 $2.945
 
Links to Oil, Gas, Energy Prices, News & Issues:
Crude Oil and Natural Gas Rig Count: U.S. -7, Canada +21, International -11
Oil ends week with a rally after OPEC agrees to smaller-than-expected production boost
OPEC reaches deal to modestly raise oil output from July
OPEC nears oil output deal ahead of key Vienna meeting
Saudi energy minister says Aramco IPO in 2019 would be nice, timing not critical
Opec gets pulled in all directions
OPEC risks destroying its oil market success
Factbox: OPEC history of oil output changes
Iran signals compromise for modest rise in OPEC oil output
Ecuador: OPEC could agree to compromise on oil supply boost
Is the Permian Barreling Toward a Breaking Point?
U.S. Overtakes Saudi Arabia In Recoverable Oil Reserves_Rystad Energy
LNG is Spared in U.S.-China Tariff Dispute
Factbox: Venezuela's near collapse takes toll on oil industry
Russia, Saudi push for big hike in oil output despite Iran opposition
Second fire shrinks storage capacity amid fighting at Libyan oil ports
OPEC at the Crossroads Executive Summary 3pp (PDF)
OPEC at the Crossroads 20 pp (PDF)
U.S. oil exports, on the rise to China, face trade spat threat
Oil prices fall on expectation Russia, Saudi Arabia will raise output
Russia, Saudi Arabia Move to Control Global Oil Markets - Analyst
Oil Declines Ahead of Intra-OPEC Clash Over Pumping More Crude
Citgo seeks crude as supplies from Venezuela dry up -trade
Venezuelan cabinet changes tilt power balance
Attack shuts major Libyan oil ports, slashing production
OPEC risks destroying its oil market success
OPEC and U.S. shale producers to meet in Vienna
US Oil Firms Use Shale Know-How To Revitalize Old Oilfields
Oil trades near $67 as Saudi Arabia sees "inevitable" supply boost
China and India want to buy more U.S. oil to counter OPEC
Saudi Arabia To Supply Full July Crude Oil Volumes To Some Asian Buyers
Analyst: Water issues could extinguish Permian's surging output
IHS Markit forecasts Permian basin oil production will double from 2018-23
Oil shortage or surplus? Floating storage swamps Europe
Oil Slips as Industry Group Reports Surprise Stockpile Boost
Iran could become collateral damage of OPEC decision
PDVSA shutting down upgraders to ease export bottleneck
Venezuela’s shrinking crude output nears 1mn b/d
Rail, trucks can only dent Permian surge: Analysis
Permian Basin leads U.S. in breaking decades-old oil production records with new techniques
Interview: Would Qatar like to see an OPEC exit strategy?
Iraq says oil producers should not be influenced by calls to boost output
Russia's oil output at 11.1 million bpd in early June, above quota: Ifax
First Iraq-flagged oil tanker in 3 decades leaves port
Venezuela's Oil Exports Are Headed Toward Zero
Oil falls on concerns over rising supply, weaker demand

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 
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Phone: (479) 293-4081
 
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