Comments posted organically
SelectSmart.com Homepage
Display Order:

JD's speech
Politics by HatetheSwamp     July 18, 2024 8:31 am (Rating: 0.0) Last comment by: HatetheSwamp (2 comments) [14 views]


Schumer and Jefferies took that walk to the White House
News by Donna     July 17, 2024 10:07 pm (Rating: 0.0) Last comment by: HatetheSwamp (10 comments) [100 views]


Usha Vance's perfect speech introducing JD
Politics by HatetheSwamp     July 18, 2024 7:50 am (Rating: 0.0) Last comment by: (0 comments) [9 views]


President Joe Biden has tested positive for Covid-19
Health by HatetheSwamp     July 17, 2024 3:37 pm (Rating: 0.0) Last comment by: oldedude (5 comments) [51 views]


New feature on these page to test
Computers by Curt_Anderson     July 17, 2024 9:10 pm (Rating: 0.0) Last comment by: (0 comments) [16 views]


Biden to push for Supreme Court ethics reform, term limits and amendment to overturn immunity ruling, sources say
Government by HatetheSwamp     July 17, 2024 1:47 pm (Rating: 0.0) Last comment by: Indy! (1 comments) [51 views]


It's clear now that Biden isn't going to step down
Politics by Donna     July 15, 2024 8:53 am (Rating: 0.0) Last comment by: Indy! (34 comments) [278 views]


The real Emerald Forest / Ferngully / Avatar
Fauna by Indy!     July 17, 2024 12:22 pm (Rating: 0.0) Last comment by: (0 comments) [19 views]


CNN: Dem polling shows Doddering Old Fool losing ground in 14 battleground states
Politics by HatetheSwamp     July 17, 2024 5:52 am (Rating: 0.0) Last comment by: Indy! (4 comments) [89 views]


Lots of chatter on the right: Vance emerges as Trump’s VP pick, with Rubio and Burgum out
Politics by HatetheSwamp     July 15, 2024 12:14 pm (Rating: 0.0) Last comment by: Indy! (22 comments) [182 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

SelectSmart.com SelectSmart.com SelectSmart.com


Rate this article
5 Stars
4 Stars
3 Stars
2 Stars
1 Star
0 Stars
(5=best, 0=poor)

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