The Bakken-Three Forks rig count decreased by eleven to 152 rigs running across our coverage area by the end of last week. In their weekly rig update, Baker Hughes reported that the Bakken’s decline is part of the overall plunge in U.S. oil and gas rig counts that are down by 49 to 1633. Declines were seen in all rig types: DIRECTIONAL 6 (-6) HORIZONTAL 144 (-8) VERTICAL 1 (-2) Most alarming to our readers is that Williston saw the biggest drop in the entire country and is showing the lowest numbers in four years. James Williams Williams, president of energy consulting company WTRG Economics commented to Bloomberg that, “The Bakken was late to join the others leaving the party. It’s a high-cost producer with some of the lowest oil prices in the country.”