Sunday, January 17, 2016

The Crashing US Rig Count



Enjoy the low gasoline prices while you can.

The most recent forecast from the Energy Department calls for a nearly 8% decrease in oil output in 2016 over last year, with further production declines predicted for 2017.

-RW
at 8:58:00 AM

1 comment:

  1. AJOJanuary 17, 2016 at 6:37 PM

    Soon start betting on the price increases. I like Jim Rogers' comment, bottoms are over sold, tops are over bought.

    ReplyDelete

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