What the drilling rig count's ongoing climb says about the future of crude oil production

World Oil's Daily Brief

While opinions differ on oil demand and production rates, a fourth week of growth in the rig count appears to prove some projections right, while invalidating others. World Oil editors discuss how the rig count reflects the magazine's recent Mid-Year Drilling Forecast outlook, and what more drilling means for some other industry leaders' ideas on the future of oil and gas production.