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.
Analysts and dealers said they expected home heating oil to stabilize at between 95 cents and $1 a gallon in the spring, barring any sudden shifts in the price of crude oil. Crude oil prices have fallen from about $26 a barrel to about $16 a barrel since the beginning of the year.