Source: The Land Rig Newsletter | December 2016 

As 2016 draws to a close, US oil and natural gas rig counts are on a steady uptick in the wake of higher commodity prices. We’re already seeing some pretty bold predictions of how high the rig counts might go in 2017—and we’re also starting to worry a bit about this industry’s predilection for irrational exuberance.

To read more about the oil price gains from the Land Rig Newsletter, please contact us at 800-371-0083.