Price Watch
A daily bulletin about oil and gas
The Futures
Oil and gas prices are more than numbers—they reflect global events, technological advancements, and environmental concerns.
Horizon Energy Digest
US Crude Oil Inventories Are Shrinking, Despite Calls For Glut
The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a draw of 2.48 million barrels in the week ending November 28. Crude oil inventories shed 1.9 million barrels in the week prior.
Soaring U.S. Natural Gas Prices Could Boost Coal Power Generation
U.S. coal-fired power generation is set to rebound in the winter months as surging natural gas prices prompt utilities to switch from gas to using more coal. U.S. benchmark natural gas prices at Henry Hub have jumped from $4.23 per million British thermal units (MMBtu) at the start of November to nearly $5 per MMBtu by early December.
Curious Minds Corner
What is a “stripper well”?
A low‑output oil/gas well; in U.S., an oil well producing ≤15 barrels/day over 12 months.