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    market news

    Natural Gas Rigs in US Fall by 13

    Investing News Network
    Jul. 27, 2012 05:00PM PST
    Oil and Gas Investing

    Reuters reported that this week the number of natural gas rigs in the United States fell by 13 to 505.

    Reuters reported that this week the number of natural gas rigs in the United States fell by 13 to 505.

    As quoted in the market news:

    The gas-directed rig count posted its ninth drop in the last 10 weeks, sliding by 13 this week to 505, the lowest since late July 1999 when there were 498 rigs operating, data from oil services firm Baker Hughes showed on Friday.

    Click here to read the full Reuters report.

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