The number of oil rigs held fast at 483—down by 17 compared to this time last year. The number of gas rigs also stayed the same, at 102, a loss of 18 active gas rigs from this time last year.
“U.S. oil production is at an all-time high, and it has increased during the Biden administration without opening up” any new lands or waters to drilling, Kauffman said. The EIA credits ...