It’s a short month but as always there are many topics circulating the Oil & Gas (O&G) industry. First, U.S. oil inventory has quickly increased and Wall Street is ramping up investment in O&G. U.S. shale oil output is predicted to increase 41,000 barrels a day this month to over 4.7 million barrels a day. Total crude oil and petroleum products stocks are up to 2.055 billion barrels, increasing inventory by over 25 million barrels produced since January. As upstream businesses are ramping up production, Wall Street is looking to invest more in O&G, but only if crude prices climb higher and higher. WTI Crude Oil index is hovering at $54/bbl, but has been there for the last month without much growth.