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This U.S. Oil Rig Count Chart Shows How Lower Prices Impact Drillers
This U.S. oil rig count chart shows the massive impact falling oil prices have had on oil drillers.
Baker Hughes Inc. (NYSE: BHI) reported today (Thursday) that the number of oil rigs in the United States dropped to 802 last week. It was the 17th straight week of declines as 11 rigs shuttered operations.
Here's the dramatic affect that low oil prices are having on the industry...
This U.S. oil rig count chart shows the massive impact falling oil prices have had on oil drillers.
Baker Hughes Inc. (NYSE: BHI) reported today (Thursday) that the number of oil rigs in the United States dropped to 802 last week. It was the 17th straight week of declines as 11 rigs shuttered operations.
Here's the dramatic affect that low oil prices are having on the industry...