One Chart That Sums Up Trends In The U.S. Oil Industry
Rig count way down, production down, efficiency way up:
Wealth Creation Through Natural Resources
Rig count way down, production down, efficiency way up:
Daily Commodity Chart Wrap 3/5/2015: A coupleĀ of crude oil charts that demonstrate U.S. production and supply are showing no signs of let up despite a major drop off in rig counts: We are currently at record levels … Continued
There was a boom in oil & gas Capex during the past couple of years, particularly in the shale oil drilling space: With the recent crash in the oil price this boom has turned into a bust and there is … Continued