The cold spell turned out to be worse than what anyone imagined with every county in Texas under a winter storm alert along with several other states experiencing some extreme snowy and icy conditions. We were very fortunate to have electricity for all but a few hours of the rolling blackouts and always had running...
We finished the first week of February with higher oil prices and a higher rig count. It appears that we may be seeing basic economics at work. As the squeeze is put on oil producers and the infrastructure, it is inevitable that at some point the supply will decrease and prices will increase. Proof is...