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Crudeoil recorded yet another record high, increasing over $4 per barrel to nearly $80. Natural Gas in Storage 3,069 Bcf UP 64 Bcf 9.3% Bbl UP $4.11 Natural Gas in Storage 3,069 Bcf UP 64 Bcf 9.3% Bbl UP $4.11
Since Wednesday, August 15, all prices reported in the weekly chart (for both natural gas and crudeoil) have decreased as Hurricane Dean failed to have a significant impact on domestic production in the Gulf of Mexico, and temperatures moderated demand. Natural Gas in Storage 2,926 Bcf UP 23 Bcf 12.8%
Crudeoil was up over $2 per barrel. Natural Gas in Storage 3,005 Bcf UP 36 Bcf 10.4% Bbl UP $2.22 Natural Gas in Storage 3,005 Bcf UP 36 Bcf 10.4% Bbl UP $2.22 MMBtu UP $0.17
Oil and Gas Basins: Growth, Challenges, and 2025 Outlook Permian Basin (Texas & New Mexico) The Undisputed Leader 2023-2024 Overview The Permian Basin has remained the most important oil-producing region in the United States, supplying nearly 46% of the nations crudeoil output in 2024. crudeoil investments.
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