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Tag Archives: Julianne Geiger
Burn, Pay, Or Shut It Down: Three Evils For Permian Drillers
Burn, Pay, Or Shut It Down: Three Evils For Permian Drillers There was a time when natural gas was a welcomed byproduct of crude oil drilling, and drillers in the prolific Permian basin enjoyed this consolation prize–at least when natural gas prices were on the rise. All good things come to an end, though, and […]
The Top 5 Ways We Use Oil & Gas
The Top 5 Ways We Use Oil & Gas If climate change and the use of fossil fuels is starting to worry you, consider this: The lion’s share of the petroleum in the United States is being used just to get around–to get people and things from point A to point B. Industrial, residential, commercial […]
Iran Claims To Have Video Evidence Of Oil Tanker Attacks
Iran Claims To Have Video Evidence Of Oil Tanker Attacks By – Oct 16, 2019, 2:30 PM CDTJoin Our Community Iran has claimed that it has footage of last week’s attack on its oil tanker while off the Saudi Arabian Jeddah port, and it proves that the attacks were carried out by Israel, Saudi Arabia, and […]
Russia Considers Possibility Of $25 Oil Next Year
Russia Considers Possibility Of $25 Oil Next Year Russia is considering the notion that oil prices may be as low as $25 per barrel in 2020, the country’s central bank said in its new forecast published on Monday, as cited by Reuters. Russia’s Central Bank has forecast in its macroeconomic forecast that oil could possibly hit […]
Decline In U.S. Oil Rigs Sends WTI Higher
Decline In U.S. Oil Rigs Sends WTI Higher The the number of active oil and gas rigs fell in the United States this week according to Baker Hughes. The total number of active oil and gas drilling rigs fell by 3 according to the report with the number of active oil rigs gaining 2 to […]
Sharp Rise In Rig Count Pressures Oil Prices
Sharp Rise In Rig Count Pressures Oil Prices The the number of active oil and gas rigs rose by 19 after two weeks of big losses in the United States this week according to Baker Hughes, in a sign that US production is still set for increases. The total number of active oil and gas […]
Slipping Rig Count Can’t Keep Oil Prices From Falling
Slipping Rig Count Can’t Keep Oil Prices From Falling Baker Hughes reported a 4-rig decrease for oil and gas in the United States this week—a loss in rigs for the third week in a row. The four-rig decline was all on the oil-rig side, with gas rigs holding steady. The total number of active oil […]
Saudi Arabia Calls The End Of Russia’s Oil Prowess
Saudi Arabia Calls The End Of Russia’s Oil Prowess Saudi Arabia has not only called the end of Russia’s prominence as a global oil behemoth, but anticipates that Russia’s oil exports “will have declined heavily if not disappeared” within the next 19 years, Mohammed bin Salman said in a recent interview with Bloomberg. When asked […]
Rig Count Drops As U.S. Crude Output Hit 11 Million Bpd
Rig Count Drops As U.S. Crude Output Hit 11 Million Bpd Baker Hughes reported a decreased number of active oil and gas rigs in the United States on Friday. Oil and gas rigs decreased by 8 rigs, according to the report, with the number of active oil rigs falling by 5 to 858 this week, […]
Rig Count Falls As U.S. Oil Output Flatlines
Rig Count Falls As U.S. Oil Output Flatlines Baker Hughes reported another dip in the number of active oil and gas rigs in the United States today. Oil and gas rigs decreased by 7 rigs, according to the report, with the number of oil rigs decreasing by 1, and the number of gas rigs decreasing […]
Rig Count Falters Amid Oil Price Correction
Rig Count Falters Amid Oil Price Correction Baker Hughes reported a dip in the number of active oil and gas rigs in the United States today. Oil and gas rigs decreased by 3 rigs, according to the report, with the number of oil rigs increasing by 1, and the number of gas rigs decreasing by […]
U.S. Rig Count Continues To Rise As Canadian Rig Count Plunges
U.S. Rig Count Continues To Rise As Canadian Rig Count Plunges Baker Hughes reported another 5-rig increase to the number of oil and gas rigs this week. The total number of oil and gas rigs now stands at 995, which is an addition of 186 rigs year over year. The number of oil rigs in […]
U.S. Oil Rig Count Falls As Gas Rig Count Soars
U.S. Oil Rig Count Falls As Gas Rig Count Soars Baker Hughes reported another 3-rig increase to the number of oil and gas rigs this week. The total number of oil and gas rigs now stands at 984, which is an addition of 216 rigs year over year. Despite the overall increase, the number of […]
U.S. Rig Count Inches Higher As Canadian Rig Count Slips
U.S. Rig Count Inches Higher As Canadian Rig Count Slips Baker Hughes reported another 3-rig increase to the number of oil and gas rigs this week. The total number of oil and gas rigs now stands at 981, which is an addition of 225 rigs year over year. The number of oil rigs in the […]
Oil Prices Tank As U.S. Drillers Add Massive Number Of Rigs
Oil Prices Tank As U.S. Drillers Add Massive Number Of Rigs As if the recent nosedive that oil prices have taken in the last few days wasn’t bad enough—Baker Hughes reported a staggering increase to the number of rigs. The number of active oil and gas rigs increased by 29 to Baker Hughes data. This […]
