I have captured key industry data, as it relates to the previous business week.

The the oil rig count increased by 8 and has set a new high for 2022. The count is equally up by 252 rigs compared to the lowest point seen in 2021.

• Also, the price for Brent and WTI crude has increased by over 40.00 USD over the course of a year.

The below information that further complements the #infographic:

(Oil Rig Count: Baker Hughes report)
• March 12th, 2021: 309
• March 11th, 2022: 527

(Primary Vision – Frac Spread Count)
• March 12th, 2021: 182
• March 11th, 2022: 272

(Oilprice site: #WTI price)
• March 12th, 2021: 65.61 USD
• March 11th, 2022: 109.33 USD

(OilPrice site: Brent Crude price)
• March 12th, 2021: 69.22 USD
• March 11th, 2022: 112.67 USD

(EIA Crude Oil Inventories: agency reports with a week delay)
• March 5th, 2021: 498,403,000 Barrels
• March 4th, 2022: 411,562,000 Barrels

(EIA Gasoline Inventories: agency reports with a week delay)
• March 5th, 2021: 231,603,000 Barrels
• March 4th, 2022: 244,606,000 Barrels