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The World's Most Unpredictable Roller Coaster
Barrel Hub
June 19, 2023
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Daily Data Dump
The good, the bad, and the ugly of Texas oil production.
Best of the Best 🏆️
Every week, we sift through our proprietary data to find the best performers in Texas.
Never Quit 😢
Similarly, we find the oil producers who need a little help (i.e. call Barrel Hub).
If you’re wondering how we get this information, we’re under strict orders from OPEC not to disclose that (but if you want to know you can go here).
Daily Bulletin
Futures Curve
Lone Star Stories
So, energy companies in the U.S. are playing a game of limbo, with the oil and gas rig count falling for seven weeks straight - hitting a low we haven't seen since last April. Kind of like your bank account after the holidays.
In the latest episode of "As the Oil Barrel Turns," oil prices decided to drop their earlier gains faster than crypto tokens. Why, you ask? Because banks are slashing their growth forecasts for China.
Reader Question of the Day
What are some examples of how natural gas is used?
The primary uses of natural gas in the United States include electricity generation and heating, but there are several other applications across different sectors:
Electric Power Sector
Industrial Sector
Residential Sector
Commercial Sector
Transportation Sector
Reply