Tuesday, April 26, 2016

This One I Don' t Get At All -- In Most Recent EIA Report Obama Adminstration Says North Dakota Has 173 Active Rigs -- April 26, 2016

Put this note in this context: automobile manufacturers release monthly sales the first business day following the preceding month, and the results are usually released "first thing in the morning." For automobile sales for April, 2016, we should expect to see the results Monday, May 2, 2016.

In contrast, look at the "timeliness" of the EIA reporting. In the first screenshot below, note: the EIA reports that North Dakota had 173 active rigs "in 2014."

What can I say?

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