11-07-04

Some people expect the US rig count to decline by 100 by the end of the year. Crude oil and natural gas prices are projected to continue to decline throughout the remainder of the year.

In June, crude oil prices dropped 10 % (from $ 40.95 to $ 37.05) and natural gas priced decline 8 % (from $ 6.681 to $ 6.155) on the New York Mercantile Exchange (NYMEX).

Source: MyWestTexas.com