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Austrian Economics in a Hoosier World

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February 2015
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Day / February 21, 2015

February 21, 2015February 21, 2015 by Hoosier Econ

Oil Rig Production Drop Continues

  • Dollar, Economics, Federal Reserve, Financial, Indiana, Indianapolis, United States Government
  • crude oil, fuel prices, Gasoline, natural gas, Oil, oil rigs, OPEC
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wpid-oil-rig-1.jpg

Newly released data from Baker Hughes Inc. shows another 48 oil/natural gas rigs taken out of production. The count now stands at 1,310 still active. Down 461 rigs from this time last year.

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