FuelFix (blog) | Number of US Oil Rigs Rise by 11 Over Past Week Wall Street Journal The U.S. oil-rig count, viewed as a proxy for activity in the sector, has fallen sharply since oil prices began to drop in 2014. The number of U.S. oil rigs peaked in October 2014 at 1,609. The nation's gas-rig count was down by one in the past week to 89. Double Digit U.S. Rig Count Increase Impacts Oil Prices Oil rig count rises by the most in 6 months Drillers dispatch another 11 oil rigs, Baker Hughes says |