U.S. Oil, Gas Drilling Activity Declines

The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 1 to 585 this week, compared to 632 rigs this same time last year. The number of oil rigs stayed the same this week after falling by 2 in the week prior. Oil rigs now stand at 483—down by 29 compared to this time last year. The number of gas rigs fell by 1 this week to 97, a loss of 18 active gas rigs from this time last year. Miscellaneous rigs stayed…