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Rig Count Becoming Less Meaningful

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GDP and E&P Give Mixed Signals

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S&P 500 Intrinsic Value Update

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Horizontal Rig Count Turns Higher

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You Can Ignore The Rig Count Decline

When rig counts have fallen ~25% and your still producing record amounts of oil, a weekly decline of a few rigs is meaningless

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A New Way To Measure E&P Activity?

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USD vs WTI

“Davidson” submits:

Markets continue to reinforce that the long-held inverse relationship between the US$ and $WTI(as well as many other commodities) remains intact.

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Chemical Barometer Hits Cycle High