WTRG Economics Rig Count and Energy Forecasts

Analysis, planning, forecast and data services for energy producers and consumers.
Energy Economist Newsletter - Now with detailed daily hurricane recovery updates. 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.
Oil Price History and Analysis -  100+ years of oil prices and the economic and political events that shaped the price: wars, domestic policy, embargoes and price control.
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. 
Rig Counts - (November 28, 2008Short and long term graphs of U.S., Canadian, Foreign and World Rotary Rig Count as well as U.S. Workover Rig Count.
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

NYMEX Prices for
December 2, 2008
NYMEX Light Sweet Crude -2.32
$46.96
IPE Brent -2.53
$45.44
RBOB Gasoline NY Harbor -0.0529
$1.0583
Heating Oil NY Harbor -0.0319
$1.5832
NYMEX Natural Gas -0.180
$6.424
Graphs: Oil & Gas Spot and Futures prices

News & Issues:
Oil at 3-1/2 year low, below $47
OPEC makes 66 pct of pledged supply cut-Reuters survey

Russia’s Medvedev resists Venezuela’s efforts to politicize his visit
Venezuela expands heavy oil bid, 19 companies join
Will Venezuela's murder rate hurt Chávez?
Russian warships hold exercises with Chavez's navy

Oil drops over 9% as OPEC keeps output on hold
Iran: Talk Tough With Tehran
CNPC finds new oil, gas reserves
Recession started in December 2007
Exploration: U.S. Rig Count -75, Canada +25, International -12

OPEC ends Cairo meeting without new output cuts

Crude futures end flat ahead of OPEC meeting
OPEC Sec-Gen says aims to cut oil stocks to 52 days
Chesapeake Energy may sell $1.8B stock to get cash
Crude surges on China rate cut, European stimulus
Opec keeps a close eye on US
Kuwait rescue falls short of panacea
Iraqi Kurds to begin solo exports of crude oil
Venezuela, Russia say oil prices must stabilize
Iran signals nuclear work expansion and rules out halt
Iran to install 50,000 centrifuges in 5 years
Russia’s Gas Monopoly Warns Ukraine to Pay Up

Crude futures tumble as demand concerns return
Falling oil prices hurting OPEC members
Nigeria sets up new panel to fight oil theft, attacks
U.S. Economy shrinks at fastest pace in seven years
Shell, PetroChina set 20-year LNG deal
Somali Pirates Hijack Another Ship, Drop Ransom for Saudi Tanker

Oil prices soar amid easing economic worries
OPEC head sees need for further deep output cut
Iraq govt and Kurds discuss disputed oil contracts
Venezuelan opposition gains power despite Chavez poll wins
Dreaming of oil, Greenland votes on more autonomy
Turkish oil pipeline repaired after 3-day fire
Shell agrees to annually sell natural gas to PetroChina for 20 years

Oil ends slightly higher, but drops 13% on the week
Venezuelan vote seen as key test for Chavez
Russians want to search for oil off Cuba


Crude ends at multi-year low on demand worries
OPEC grapples with production cuts, credibility
Chevron To Slow Down Piceace Basin, Colo, Gas Project

Oil falls as U.S. supply rises and demand sinks.
OPEC worried by economy, falling revenues
Drilling companies: Pa. DEP hampering business

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
 
Copyright © 1996-2008 by James L. Williams
 
James L. Williams
WTRG Economics 
P.O. Box 250
London, Arkansas 72847
Phone: (479) 293-4081
 
To contact us or if you have comments or suggestions,
email WTRG at wtrg@wtrg.com