The Beauty of Taiwan

         What price is needed for a substantial increase in drilling to occur?

         Tenth District Energy Activity Fell at a Steady Pace

         Firms reported that oil prices needed to be on average $62 per barrel for drilling to be profitable, and $84 per barrel for a substantial increase in drilling to occur. Natural gas prices needed to be $3.69 per million Btu for drilling to be profitable on average, and $4.66 per million Btu for drilling to increase substantially.