What is it?
Total number of approved drilling permits.
Who is interested?
The direct impact on trucking and transport is the clear link between the demand for trucking and activity in the upstream oil and gas sector. Indirectly, particularly in the shale era, drilling turns into production far quicker than in conventional drilling. This number and others related to drilling permits can be a proxy for future supply.
What does it tell me?
All permits issued, be they for oil or for gas.