$43.97 | 6/27/2017 | 06/27/2016 | 06/27/2015 | 06/27/2014 | 06/27/2013 |
---|---|---|---|---|---|
Active Rigs | 59 | 30 | 75 | 193 | 187 |
RBN Energy: after a long night, gas-weighted US E&Ps see a new dawn of profitability.
Summer: height of driving season; oil and gasoline glut; oil around $44. Come this fall, the US driving season ends, demand drops, but oil production is likely to maintain or even increase ... current floor for some seems to be $37 to $43.
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