That, however, was still 526 rigs, or 64%, below this time last year due to coronavirus-related cutbacks.U.S. oil rigs rose 10 to 221 this week, their highest since May, while gas rigs fell one to 72, according to Baker Hughes data.
More than half the U.S. oil rigs are in the Permian basin in West Texas and eastern New Mexico where total units rose nine to 142 this week, the most since May.fell below $35 a barrel this week, their lowest since June, after previously holding around $40 for four months since mid June. [O/R] Even though oil prices were down 42% since the start of the year, they were still up about 88% over the past six months mostly on hopes global economies and energy demand will return when governments lift coronavirus lockdowns.
Trying to get every last drop and chop down every last tree before AOC and company starts writing laws
Do you know why CALIFORNIA hasn't had TheBigOne? Because of all of the 'Regulations/Sanctions/etc.', that were put in place, to prevent Oil Spills, and the like: DRILLS WEAKEN THE LANDS, THAT HAVE EARTHQUAKE FAULTS — INCREASING THE CHANCES, FOR TheBigOne! TickTock! 😱🎃
Excellent, going backwards, as always USA
Good. This will help the Biden Recovery.
Good start, as it sounds promising for months to come.
Okay! Corral.
There's a pun in there, but I'm not the one who's gonna figure it out.
nice
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