DAILY OIL PRICE: October 26, 2021

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Crude Oil: 84.65  (+0.89). Nymex MTD AVG:  80.7377 Natural Gas: 5.882   (-0.016). Gasoline: 2.5168   (+0.0006). Spreads: December/January   (+1.29)   January/February   (+1.47). Plains WTI Posting:...

DAILY OIL PRICE: October 25, 2021

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Crude Oil: 83.76  (0.00). Nymex MTD AVG:  80.5812 Natural Gas: 5.898   (+0.618). Gasoline: 2.5162   (+0.0341). Spreads: December/January   (+1.15)   January/February   (+1.40). Plains WTI Posting:...

Basin rig count up one as oil prices continue to climb

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The rig count in the Permian Basin was up one this week, the latest count Friday by Baker Hughes shows, with 268 rigs active...

DAILY OIL PRICE: October 22, 2021

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Crude Oil: 83.76  (+1.26). Nymex MTD AVG:  80.4488 Natural Gas: 5.280   (+0.165). Gasoline: 2.4821   (+0.0020). Spreads: December/January   (+1.26)   January/February   (+1.52). Plains WTI Posting:...

DAILY OIL PRICE: October 21, 2021

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Note: The November Contract has expired, and the December Contract is now prompt. Today, the December Contract price decreased by -$0.92. Prompt month to...

DAILY OIL PRICE: October 20, 2021

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Crude Oil: 83.87  (+0.91). Nymex MTD AVG:  79.8495 Natural Gas: 5.170   (+0.082). Gasoline: 2.5084   (+0.0329). Spreads: November/December   (+0.45)   December/January   (+1.04). Plains WTI Posting:...

Jury out on earthquake remedies

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It appears that most, if not all, of a half-dozen oil companies will comply with the Texas Railroad Commission’s request to reduce their saltwater...

DAILY OIL PRICE: October 19, 2021

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Crude Oil: 82.96  (+0.52). Nymex MTD AVG:  79.6379 Natural Gas: 5.088   (+0.099). Gasoline: 2.4755   (+0.0111). Spreads: November/December   (+0.52)   December/January   (+0.94). Plains WTI Posting:...

DAILY OIL PRICE: October 18, 2021

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Crude Oil: 82.44  (+0.16). Nymex MTD AVG:  79.4533 Natural Gas: 4.989   (-0.421). Gasoline: 2.4866   (+0.0002). Spreads: November/December   (+0.75)   December/January   (+0.95). Plains WTI Posting:...

Oil fair president has paid his dues

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From his humble beginnings as a construction worker and later a tool pusher, Odessa’s Tommy Pipes has never been afraid to pay his dues. That...