Mitchell Drilling continues to be a pivotal contributor in the successful quest for petroleum in the Illinois Basin by consistently providing economical and dependable drilling and completion services.

World events can have a direct effect on the price of oil: OPEC, wars, political, and religious unrest. The key to a rational oil market price (if there is such a term) is a balance of reserves, inflation, political prudence, and demand. Extremely high or extremely low prices are beneficial to no one. The optimum petroleum price level (the point at which producers can profitably produce and consumers can willingly afford) ranges between $30 and $35 per barrel. As the chart indicates, when world events are awry or the domestic environment is skewed, oil prices increase or decrease to the extreme creating a negative situation for both producers and consumers.