Very Interesting Production Data.

The following chart shows the EIA production data overlaid with Robry's estimated production data. Robry's monthly data is taken and multiplied by the number of days and 1,000 to get a comparable monthly number. (Note mistakes are possible in entering the data or messing up the number of days in a month!). The overall impact is to see results in general are similar. Recently, Robry has shown higher rates of change (eg production rising higher and falling more) than the EIA. Thus, this summer with production rising, Robry shows even higher production than the EIA. Overall, a rather interesting chart that shows what happens with real time data vs several month old data reporting.