This U.S. Oil Rig Count Chart Shows How Lower Prices Impact Drillers

This U.S. oil rig count chart shows the massive impact falling oil prices have had on oil drillers. Baker Hughes Inc. (NYSE: BHI) reported today (Thursday) that the number of oil rigs in the United States dropped to 802 last week. It was the 17th straight week of declines as 11 rigs shuttered operations. Here's the dramatic affect that low oil prices are having on the industry... Tags: Crude Oil Prices , oil chart , Oil Prices , Oil prices today , oil rig count , US oil rig count , WTI crude oil , WTI oil To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post This U.S. Oil Rig Count Chart Shows How Lower Prices Impact Drillers appeared first on Money Morning - We Make Investing Profitable .