
Oil and Gas Prices and Rotary Rig Count Analysis
Figure 1 shows historical gas and oil prices since January 2000. The daily spot price of West Texas Intermediate closed at $45.92 on September 8th after recovering to $59.53 on June 15th. In the last 10 days WTI has declined by $3.28 according to the latest daily figure available from the Energy Information Administration (EIA). […]