WTRG Economics Rig Count
                      and Energy Forecasts

Analysis, planning, forecast and data services for energy producers and consumers.
Rig Count News - December 7, 2018  U.S. rig count  was down 4. Rigs targeting oil were down 4 and gas rigs were unchanged. Canadian rig count was down 12 with oil rigs down 7 and gas drilling down 5. International rigs are down 26 for the month of November. 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. 
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 December 17, 2018
NYMEX Light Sweet Crude -1.32
ICE Brent
-0.67 $59.61
RBOB Gasoline NY Harbor -0.0239
Heating Oil NY Harbor -0.0186  $1.8267
NYMEX Natural Gas -0.299
Links to Oil, Gas, Energy Prices, News & Issues:
Oil drops, with U.S. prices below $50 to mark their lowest settlement in over a year
Oil ends lower for the week; natural gas sees biggest weekly plunge since 2016
Crude Oil and Natural Gas Rig Count: U.S.-4, Canada -12 International -26
Parker Drilling files for chapter 11 bankruptcy
Explorers face pain as oilfield costs jump: Wood Mackenzie
China sparks suspicion as it holds release of statistics Note: A weak Chinese economy will reduce their oil demand and cascade into other countries.
Permian Basin — Where Midstream Infrastructure Needs Take on Outsized Importance
CNPC suspends investment in Iran's South Pars after U.S. pressure: sources
Libya is shutting down El Sharara after field seized by tribesmen
Venezuela's deals to shield Citgo from creditors now in doubt
China’s oil demand will surge in 2019
Permian producers become “victims of their own success
OPEC Is Alive and Highly Relevant
Equatorial Guinea set for upsurge in offshore drilling.
US Shale Becomes Oil Industry's Safe Haven
Eni makes oil discovery, starts up Vandumbu in block 15/06 offshore Angola
Why Qatar left OPEC
OPEC gets Iran green light to cut oil output by 0.8 million barrels per day: source
OPEC delays output-cut details, raising fears that oil producers won’t strike a deal
The Latest: OPEC President Dismisses US Pressure for Cut
OPEC+ Recommends Oil Cuts, But No Deal Yet on Size of Curbs
Oil curbs gains amid trade, output cut uncertaintyAmid US sanctions, Iran threatens again to close key strait
Bakken crude strengthens as Alberta seeks output cut
Qatar Will Pull Out Of OPEC, As Rift With Saudi Arabia Deepens
Putin Says Russia, Saudi Arabia Will Extend OPEC+ Oil Pact
Russia reduces oil output ahead of talks with Saudi prince
Buckeye Partners export Bakken crude out of NJ terminal
Pemex triples estimate for biggest onshore find in 25 years
Get your natural gas in Texas for 25 cents, if you can
Brent Crude Oil falls below $60 on 10th straight U.S. crude build
BP and Equinor to hold spending steady despite oil price slump
Saudi Arabia nabs new China oil demand, challenges Russia's top spot
Bolstered By A Strengthening Economy, U.S. Sets New Record For Petroleum Demand In October-API
Keystone XL eyes February construction start despite legal woes
Dismantling the oil industry: rough North Sea waters test new ideas
Deepwater oil and gas capex set to rise to $60 billion by 2022
Oil markets cautious after recent battering, eye G20 and OPEC meetings
Venezuela Fuel Shortages Get Worse as Tanker Staff Flee
Iran-Iraq relations in light of US sanctions
Another flat drilling year seen for Canada
The Optimal Price of OPEC’s Oil
Oil's Black Friday drop could hit drilling budgets for 2019
Iran says China's CNPC replacing France's Total in gas project

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
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Phone: (479) 293-4081
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email WTRG at wtrg@wtrg.com