U.S. drilling rig count rises again in Baker Hughes survey

The number of oil and gas rigs actively drilling in the US jumped by 7 to 588, the count's 12th increase in 13 weeks, Baker ...
Crude Oil Prices

$60 Oil Undercuts Trump’s ‘Drill, Baby, Drill’ Agenda

U.S. shale producers are not embracing the "drill, baby, drill" mantra because current oil prices, which hover near or below their breakeven point, do not justify accelerating production.
Cfr.org

Drilling into the American Energy Boom, in Four Charts

One interesting feature of the U.S. hydrocarbon boom is the widening gap between the industry’s interest in drilling for oil and other liquids versus dry natural gas. It’s all about economics: the ...