Question: The data file DATA 0 1 . xlsx contains monthly data for the period Jan - 1 9 9 1 through Dec - 2 0

The data file DATA

01 .

xlsx contains monthly data for the period Jan

- 1991

through Dec

- 2022 .

There are three data series, RIGS, WTI, and CPIU. RIGS is the total rig count in the lower

48

states for oil and gas wells. WTI is the underlying commodity of the New York Mercantile Exchange's oil futures contracts. It is the marker price for oil in the U

.

.

CPIU is the consumer price index for all urban consumers. Rigs are the large apparatus you will find in oil and gas fields that explore for oil and natural gas. They are very expensive and are usually leased on a daily or weekly basis.

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