Monthly Archives: May 2016

on Monday of this past week, the U.S. Energy Information Administration posted a fairly routine article on their daily blog (Today in Energy) titled United States remains largest producer of petroleum and natural gas hydrocarbons….the article featured a graph of … Continue reading →

  the key economic release of the past week was the 2nd estimate of 1st quarter GDP from the Bureau of Economic Analysis, which was released on Friday…other widely watched releases included the April advance report on durable goods and … Continue reading →

rig count summary: net natural gas imports: gasoline supplies: oil & gas output for the US, Russia, & Saudi Arabia: 1st quarter GDP revision:

we haven’t covered the ongoing increase in the price of oil while we’ve been focused on the Utica shale over the past couple weeks, so we’ll try to catch up on that first…the major factors that have been influencing oil … Continue reading →

the most widely watched reports released this past week were the April Consumer Price Index from the Bureau of Labor Statistics, the Fed’s report on Industrial Production and Capacity Utilization for April,  the April report on New Residential Construction from … Continue reading →

oil prices: record gasoline demand: mid-May 2016 oil outages projection via Goldman: May 20th rig counts:

you’ll recall that after looking at the new maps of the Utica/Pt Pleasant “plays” from the EIA last week, wherein we discovered that our part of the state was sitting on top of the thickest areas of the Utica, that … Continue reading →

major releases of this past week included the Retail Sales report for April and the Business Sales and Inventories report for March, both from the Census bureau, the Producer Price Index for April, and the Import-Export Price Indexes for April … Continue reading →

April retail sales: May 13th rig counts: percentage organic carbon in Utica shale: maturation of Utica source rock:

as you know, the EIA was out with new maps of the Utica shale formation, and the Point Pleasant formation directly below it, earlier this week…i found that by copying the original EIA post, the map pictures would still appear, … Continue reading →