Energy Minute – 07/15/2019

Energy News: Low Oil Price - 07/29/2019
Ryan Sitton In The Oil Patch Featured

In the oil patch radio show is proud to bring you this week’s energy minute produced by shale here’s Texas Railroad Commissioner Ryan Sitton with your current industry update:

The United States had 958 drilling rigs running at the end of last week. Down five from the prior week. Texas decreased seven rigs to end last week at 456 the Texas railroad commission issued 184 drilling permits last week during the 10 week rolling average to 262. Natural gas prices gained $0.12 to average $2.43 per mmbtu last week. West Texas intermediate crude prices increased $1.72 to average $59.27 a barrel and gasoline prices across Texas increased by $0.03 to end last week at an average of $2.50 a gallon.

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