Link For Spot Crude Oil Prices

A reader sent me a link for spot crude oil prices. If it is what it appears to be, it is incredible. Exactly what folks have been looking for. This is also linked at the "Data Links" page.

A huge "thank you" to the reader for taking time to find this link and forwarding it. This should make a lot of folks very happy. 

Incidentally, another reader confirmed that prices paid for Bakken oil from a Statoil well (or wells) is about $10/bbl less in October (2013) compared to September (2013) -- about $97 vs $87 for the more recent month.

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A reader sent this screen shot of the spot price of oil from Bakken wells over the past two years. It only includes the price/bbl. Each column represents a separate well, the name of which is not shown.  It provides newbies, especially, some idea the wide range in royalties one can receive from different wells, from different operators in the same month. Generally, individuals who send me this information have wells in a relatively small geographic area, so transportation should not be a major factor (although I can imagine exceptions). The prices/bbl in the screen shot are from wells from six different operators. 

Note from the reader:

• The month column is the month the oil was sold, not the month the check was dated or received.
• December: Hess, Hunt; reflect November sales.
• December: Statoil, Zenergy, Murex, Triangle; reflect October sales.
• (The last Zenergy check may have been from Oasis.)