U.S. Energy Information Administration (EIA)

U.S. Energy Information Administration (EIA)



Here is an outstanding source of information at the EIA about oil and natural gas drilling in the major areas of the U.S.  You can see from the table that drilling for oil and natural gas is still going on even while the rig count has dropped dramatically.  What this means is that the prices of oil and natural gas will continue to remain low for quite some time because we still have a huge supply, and the demand is not great enough to deplete our vast supplies here in the U.S. and also in the world.