Huge Drop In Oil; WTI Trending To $52; No New Permits -- January 30, 2020

Active rigs:

$52.14	1/30/2020	01/30/2019	01/30/2018	01/30/2017	01/30/2016
Active Rigs	54	65	57	38	45

Another day with no new oil and gas permits?

No permits canceled.

No permits renewed.

No producing wells (DUCs) reported as completed.

No runs, no hits, no errors.