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Olduvai III: Catacylsm
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U.S. Oil, Gas Rigs Fall Below 400 For The First Time Since 1940

U.S. Oil, Gas Rigs Fall Below 400 For The First Time Since 1940 Baker Hughes reported on Friday that the number of oil and gas rigs in the US fell again this week by 34, falling to 374, with the total oil and gas rigs sitting at 614 fewer than this time last year as […]

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Rig Count Decline Re-Accelerates To 2nd Biggest Drop In 22 Years

Rig Count Decline Re-Accelerates To 2nd Biggest Drop In 22 Years Following last week’s slowing in the pace of rig count, crude prices dropped and then spiked, and it makes today’s data under more scrutiny. At around $49.50, WTI prices have round-tripped back almost perfectly to the scene of the crime before today’s rig count […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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