The climate of Salt Lake City varies widely. Lying in the Salt Lake Valley, the city is surrounded by mountains and the Great Salt Lake. The city has four distinct seasons: a cold, snowy winter; a hot, dry summer; and two relatively wet transition periods.
The price of oil rigs for land drilling in the United States typically starts at around $18 million to $20 million and goes up to around $25 million, but it can be nearly twice that amount depending on the specific rig purchased. The least-expensive rigs are those classified as U.S. small footprint land rigs.
New shale production here has added one million barrels of oil a day to the market this year. The average price at the pump is now $2.80 a gallon, and below that in some areas. Thatâs nearly 50 cents a gallon less than it was a year ago. lot of our new oil, the shale oil and the oil from other type of formations that you hear so much about, actually is a little bit expensive relative to the world market. So if you look at where prices have gone, at least some of it is likely to stop.