Good afternoon from oil country. Looking at the numbers today, the price of WTI crude is currently at $113.87/barrel. That's a whopping $24.80/barrel more then a year ago, is it any wonder that gasoline is also a $1.00/gallon higher then last year too. The rigs keep rolling in with an increase of 18 in the US this week. Some of the states sporting increases are: TX, LA, OK, PA, WY, and WV.
Rig Count
updated 04/29/11
United States Total: 1818 (up 18 rigs)
TX: 804
LA: 172
OK: 183
ND: 160
PA: 105
NM: 72
CO: 72
WY: 42
CA: 41
AK: 5
WV: 15
MT: 10
Applications to Drill
04/22/11 thru 04/28/11
TX: 228
ND: 31
MT: 8
Gasoline Prices
04/29/11
National Average: $3.91/gal
US Low: WY $3.521/gal
US High: HI $4.595/gal
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