Friday, April 15, 2011

Oil and Gas by the Numbers 04/15/2011

Good Afternoon.  It looks like oil prices are rebounding slightly today.  At noon the price was $109.92/barrel for WTI. 

Rig Count
updated 04/15/11

United States Total:  1772 (down 10 this week)
TX:  779
LA:  171
OK:  170
ND:  160
PA:  102
NM:  74
CO:  72
WY:  40
CA:  41
WV:  14
MT:  11
AK:  6

Permits Issued for Drilling
04/08/11 thru 04/14/11
TX:  608
ND:  25
MT:  5 new, 5 reissued
CA: 112 last report on 04/02/11
WY: 49

Gasoline Prices
04/15/11

National Average:  $3.794/gal
US Low:  WY $3.504/gal
US High:  HI $4.508/gal

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