Everyone Needs A Win

RP Weekly Recap | February 8 – 12

Summary

Everyone needs a win every now and again, especially when they have been battered for so long. That is exactly what happened this week when oil prices posted their longest “winning streak” in two years, gaining ground for eight straight days. Even though the world is beginning the slow and gradual transition to renewable energy, it seems markets have realized societies current reliance on fossil fuels. Check out this story and more in this week’s recap of all things happening in oil and gas!


COVID-19 Updates

COVID-19 Statistics

  • Number of Cases (Worldwide): 107,969,754 (up from 105,048,430 last week)
  • Number of Cases (USA): 27,412,787 (up from 26,700,945 last week)
  • Statistics courtesy of Johns Hopkins

Financial & Economic Updates

U.S. Oil Market News

Global Market News


Employment Updates


United States Rig Count

  • UP 5 from last week for a total of 397
  • Down 49.7% from one year ago
  • Statistics courtesy of Baker Hughes

RARE PETRO Updates

Content UpdatesNews PulsePodcast

  • Episode 9 (3-D Printing) from our newest segment, the Modern Mobile Oilfield is available now! This series is a collaborative effort between world renowned author Geoffrey Cann and RP host Tavis Killian that will expand on topics covered in the book “Bits, Bytes, and Barrels”. This new segment is aimed at energy professionals at any level who are looking to better understand the future of a digital oilfield, and potentially implement these technologies into their company’s workflow. Be sure to watch or listen on all available platforms!

  • Episode Ten of The Industry Leader Spotlight Podcast is available now! Be sure to check out our interview with Professor and the Department Head for the Petroleum Engineering Department at the Colorado School of Mines, heavily decorated SPE member and well published academic, Dr. Jennifer Miskimins!  

  • A new episode of the Periodical Podcast is available now! Be sure to check out our discussion as we conclude our series covering President Joe Biden’s Energy Policy where we will dive into his official Presidential Energy Policy and how these policies will begin to morph the global energy industry.  

  • This week’s Periodical completes our three part series investigating President Joe Biden’s Energy Policy and his plan for a Clean Energy Revolution. In this final segment, we highlight how Joe Biden has placed climate change at the center of U.S. national security and foreign policy by utilizing a whole-of-government approach and what his Energy Policy means for the global energy industry.

As Always, A New Monday Madness Podcast!


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