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    market news

    US Natgas Rigs Lowest in Near 14 Months

    Investing News Network
    Mar. 18, 2011 05:51PM PST
    Oil and Gas Investing

    Reuters Africa reports that the number of rigs drilling for natural gas in the United States fell this week to the lowest level in nearly 14 months.

    Reuters Africa reports that the number of rigs drilling for natural gas in the United States fell this week to the lowest level in nearly 14 months.

    The market news is quoted as saying:

    The gas-directed rig count has dropped in 12 of the last 15 weeks, now standing at its lowest level since late January 2010.

    Click here to access the entire news

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