US Oil, Gas Drillers Take the Foot Off the Gas As Prices Climb

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Thursday, bringing the total rig count in the US to 545, down 38 from this same time last year. The number of active oil rigs stayed at 411 during the latest reporting period, according to the data. This is 61 below this same time last year. The number of gas rigs fell by 3 after gaining 3 in the week prior. Gas rigs now sit at 127, which is 22 more than this time last year. The miscellaneous rig count…