EIA Reveals Impressive Weekly Surge in US Natural-Gas Supply: Get the Scoop!
The U.S. Energy Information Administration reported that for the week ended April 21, domestic natural gas supplies rose by 79 billion cubic feet. Total working gas in storage for the latest week was at 2.009 trillion cubic feet, up 525 billion cubic feet from a year ago and 365 billion cubic feet above the five-year […]
US Oil-Drilling Rigs Soar: Baker Hughes Reports Unprecedented Weekly Climb in Activity
Baker Hughes reported that the number of active oil rigs in the United States increased for the first time in four weeks. A total of 591 rigs were active recently. This increase, while marginal, is a strong indicator of the recovering oil industry in the U.S., specifically with regard to the drilling market. The total […]