Comments posted organically
Homepage

Dims calling for Attacks on Federal Officers are Succeeding!
Crime by oldedude     July 10, 2025 7:00 am (Rating: 0.0) Last comment by: oldedude (22 comments) [149 views]


pb designates June as WOKE HEGEMONY IS DEAD month... 2.0
Media by HatetheSwamp     June 12, 2025 8:40 am (Rating: 0.0) Last comment by: HatetheSwamp (43 comments) [541 views]


pb's Legal Goober #2: Biden could go to court for this
Crime by HatetheSwamp     July 10, 2025 12:44 pm (Rating: 0.0) Last comment by: HatetheSwamp (7 comments) [55 views]


Sen. Josh "Running Man" Hawley says he’ll make sure Medicaid cuts in Trump bill he voted for ‘never take effect’
Politics by Curt_Anderson     July 10, 2025 3:27 pm (Rating: 0.0) Last comment by: HatetheSwamp (2 comments) [28 views]


The case against Abrego Garcia is looking pretty shaky. The DOJ would rather avoid a trial.
Law by Curt_Anderson     July 10, 2025 8:43 pm (Rating: 0.0) Last comment by: HatetheSwamp (1 comments) [31 views]


Pam Bondi subpoenas doctors & clinics that provide trans health care
Medical by Ponderer     July 10, 2025 7:07 pm (Rating: 0.0) Last comment by: HatetheSwamp (5 comments) [60 views]


Iran threatens drone strike on Trump's navel
Cartoons by Indy!     July 10, 2025 8:08 pm (Rating: 0.0) Last comment by: Curt_Anderson (1 comments) [21 views]


Disaster: Liberal Goes Back In Time To Kill Hitler But Now Has No One To Compare People He Disagrees With To
Science Fiction by HatetheSwamp     July 10, 2025 11:37 am (Rating: 0.0) Last comment by: Indy! (1 comments) [20 views]


Trump threatens Brazil with massive 50% tariff, citing "Witch Hunt" against ex-president Bolsonaro
Economy by Curt_Anderson     July 10, 2025 11:27 am (Rating: 0.0) Last comment by: Indy! (8 comments) [73 views]


"Kill 'em!" "Kill 'em!!" "Kill 'em!!!"
Wild Animals by Donna     July 9, 2025 9:06 am (Rating: 5.0) Last comment by: Indy! (33 comments) [253 views]


Social Services selectors, pages, etc.
Oil Prices Climb As U.S. Rig Count Sees Another Double-Digit Decline
By oldedude
June 2, 2023 8:12 pm
Category: Social Services
(0.0 from 0 votes)
Rules of the Post & Tips.

SelectSmart.com SelectSmart.com SelectSmart.com SelectSmart.com


Thank you pedojoe! So for our summer. Don't travel, no car, no aircraft, don't use your air conditioning, especially in southern AZ (that's another story), LPG is still going though. Oh, don't buy produce, or meat, or anything that would entail getting their goods to you by truck, aircraft, train, or boat.

The worst part of this is the costs are especially high to low and middle income families. Because they cannot buy at lower price places (because they're not as available as the suburban areas), low and medium income minorities are especially hit.

The total number of total active drilling rigs in the United States fell by 15 this week, according to new data from Baker Hughes published Friday, falling by 52 over the last four weeks—the largest 4-week dropoff in activity since June 2020.

The total rig count fell to 696 this week—31 rigs below this time last year. The current count is 379 fewer rigs than the rig count at the beginning of 2019, prior to the pandemic.
The number of oil rigs fell by 15 this week to 555. Gas rigs stayed the same at 137. Miscellaneous rigs stayed the same at 4.

The rig count in the Permian Basin fell by 2—to land at just 6 above this time last year. The rig count in the Eagle Ford also fell by 2.

Primary Vision’s Frac Spread Count, an estimate of the number of crews completing unfinished wells—a more frugal use of finances than drilling new wells, fell by 2 in the week ending May 26, to 260—the lowest number of completion crews in operation since January. The number of fracking crews have fallen for four weeks in a row, losing a total of 34. Year over year, it is 23 fewer than a year ago.

Crude oil production levels in the United States fell in the week ending May 26, to 12.2 million bpd, according to the latest weekly EIA estimates, as it ping pongs between 12.2 million and 12.3 million bpd where it’s been all year. U.S. production levels are up just 300,000 bpd versus a year ago.

At 12:23 p.m. ET, the WTI benchmark was trading up $1.66 (+2.35%) on the day at $71.75 still down almost $1 per barrel from this time last week.
The Brent benchmark was trading up $1.77 (+2.38%) at $76.05 per barrel on the day, down $0.60 per barrel from last Friday.

WTI was trading at $71.448 minutes after the data release, up 1.97% on the day.


Cited and related links:

  1. oilprice.com
  2. cnn.com

Comments Start Below


The views and claims expressed by contributors are their own and do not necessarily reflect the views and beliefs of SelectSmart.com. Not every statement made here can be assumed to be a fact.
Comments on "Oil Prices Climb As U.S. Rig Count Sees Another Double-Digit Decline":

Be the first to comment on this article.


Comment on: "Oil Prices Climb As U.S. Rig Count Sees Another Double-Digit Decline"


* Anonymous comments are subject to approval before they appear. Cookies Consent Policy & Privacy Statement. All Rights Reserved. SelectSmart® is a registered trademark. | Contact SelectSmart.com | Advertise on SelectSmart.com | This site is for sale!

Find old posts & articles

Articles by category:

SelectSmart.com
Report spam & abuse
SelectSmart.com home page