Friday, October 30, 2015

Working Oil Rigs & U.S. Oil Production

The number of working rigs has declined by 63% while oil production has risen 1.6%. Go figure!

Wednesday, September 16, 2015

U.S. Retail Gasoline Demand











U.S. Retail gasoline sales were nearly flat for more than 15 years, then in 2008, sales declined by more than 66%. Are there fewer vehicles on the road? cars and trucks are more efficient?   Are sales to foreign countries not classified as U.S. sales?
What's the real story?