Baker Hughes reported that the number of oil and gas rigs in the US fell this week by 1 to 792, with the total oil and gas rigs clocking in at 234 fewer than this time last year. The number of oil rigs increased for the week, by 1 rig, according to Baker Hughes data, bringing the total to 683—a 150-rig loss year over year. The total number of active gas rigs in the United States fell by 2 according to the report, to 107. This compares to 193 a year ago. The miscellaneous rig count stayed the same this week, for a total of 2 miscellaneous rigs. Meanwhile, leading up to perhaps one of the worst weeks for oil prices every, oil production in the United States fell slightly to 13 million bpd , according to data provided by the Energy Information Administration. The number of rigs in […]