A good Gap Up from the previous weeks closing price at 3.00379 saw a huge spike towards the 3.08 handle bringing about more bullish price action momentum towards yesterday's(May17th) peak price at 3.18093.

Crude oil production from the major US onshore regions is forecast to increase 26,000 b/d month-over-month in June 2021 from 7,707 to 7,733 thousand barrels/day, gas production to decrease 53 million cubic feet/day from 83,624 to 83,571 million cubic feet/day .

U.S. Rig Count is up 5 from last week to 453, Canada Rig Count is up 4 from last week to 59.

U.S. Rig Count is up 8 from last week to 448, Canada Rig Count is up 4 from last week to 55,

Methane is significantly more polluting than carbon dioxide, with estimates suggesting it is 84 times more potent than CO2 over a 20-year timeframe.

The Worldwide Rig Count for April was 1,189, down 43 from the 1,231 counted in March 2021

Basrah Gas Co., which counts Shell, Mitsubishi Corp. and Iraq's state-owned South Gas Co. as shareholders, will boost its production to 1.4 Bcf/d from the current 1 Bcf/d by 2025 at a cost of $3 billion,

U.S. Rig Count is up 2 from last week to 440, Canada Rig Count is down 4 from last week to 51

U.S. Rig Count is down 1 from last week at 438, Canada Rig Count is down 1 from last week to 55

Preliminary production figures for March 2021 show an average daily production of 2 094 000 barrels of oil, NGL and condensate.